Solved

When Economists Speak of "The" Interest Rate, They Mean

Question 54

Multiple Choice

When economists speak of "the" interest rate, they mean:


A) the rate on 90-day Treasury bills.
B) the overnight rate.
C) the mortgage rate.
D) no particular interest rate; it's usually an innocuous assumption since real interest rates tend to move up and down together.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q8: In the classical model with fixed income,

Q46: A consumption function shows the relationship between

Q51: Consider two competitive economies that have the

Q55: In a classical model with fixed factors

Q79: If the consumption function is given by

Q81: Assume that a firm is considering building

Q98: In equilibrium, total investment equals:<br>A) private saving.<br>B)

Q104: If output is described by the production

Q158: In the circular flow model, households receive

Q159: In the classical model with fixed output,