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-In the Above Figure, If the Interest Rate Is Negatively

Question 113

Multiple Choice

-In the above figure, if the interest rate is negatively related to household expenditures for any given level of household income, an increase in the interest rate will A) make the line negatively sloped. B) shift the line vertically downward. C) cause no change in the lineʹs position. D) shift the line vertically upward.
-In the above figure, if the interest rate is negatively related to household expenditures for any given level of household income, an increase in the interest rate will


A) make the line negatively sloped.
B) shift the line vertically downward.
C) cause no change in the lineʹs position.
D) shift the line vertically upward.

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