A rise in the rate of people's time preference in general tends ...

[Starlight]

A rise in the rate of people's time preference in general tends to
 
  A) increase interest rates.
  B) decrease interest rates.
  C) have no effect on interest rates.
  D) have no effect at all in the market for credit.

Question 2

Refer to the scenario above. What is likely to be the impact on Firm A's sales if Firm B decides to sponsor the event while Firm A decides not to sponsor the event?
 
  A) A 5 increase in sales
  B) A 7 increase in sales
  C) A 0 increase in sales
  D) A 2 increase in sales

[Kaytorgator]

Answer to Question 1

A

Answer to Question 2

C

[Starlight]

Thanks for the timely response, appreciate it

[Liddy]

Excellent