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  2. Topic
    Business
  3. Study Set
    Principles of Macroeconomics Study Set 12
  4. Exam
    Exam 11: The Determination of Aggregate Output, the Price Level, and the Interest Rate
  5. Question
    When the Interest Rate Is High, Planned Investment Is ________
Solved

When the Interest Rate Is High, Planned Investment Is ________

Question 2

Question 2

Multiple Choice

When the interest rate is high, planned investment is ________ so output is ________.


A) high; high
B) high; low
C) low; high
D) low; low

Correct Answer:

verifed

Verified

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