Question: Which of the following is likely to decrease the level of interest rates in the economy? A. Households start saving a larger percentage of their
Which of the following is likely to decrease the level of interest rates in the economy?
A. Households start saving a larger percentage of their income.
B. Corporations step up their plans for expansion and increase their demand for capital.
C. The level if inflation is expected to increase.
D. Households increase the anount of money they borrow from their local banks.
E. All of the statements above are correct.
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