Multiple Choice
Higher interest rates tend to
A) reduce the total planned spending on goods and services.
B) lower the costs of building new plants and equipment.
C) increase the quantity demanded of goods and services.
D) make it less costly for people to buy houses and cars.
Correct Answer:

Verified
Correct Answer:
Verified
Q206: Long-run aggregate supply is<br>A) the sum of
Q207: The long-run aggregate supply curve shifts right
Q208: A weakening in consumer confidence causes a<br>A)
Q209: An individual holds $10,000 in a non-interest-earning
Q210: The long-run aggregate supply curve<br>A) shows that
Q212: Why is the long-run aggregate supply curve
Q213: What would likely happen to the long-run
Q214: The horizontal axis for an aggregate demand
Q215: One impact of a rise in the
Q216: Which of the following is TRUE about