Author Question: When interest rates go up, people are a. more likely to borrow b. less likely to borrow c. does ... (Read 78 times)

renzo156 · **on:** Jul 1, 2018

When interest rates go up, people are
a. more likely to borrow
b. less likely to borrow
c. does not affect a person's consumption
d. None of the above

Question 2

Regarding costs, accountants _____; economists _____.
a. identify stable and predictable costs for decision-making purposes; measure costs for financial reporting purposes
b. identify stable and predictable costs for financial reporting purposes; measure costs for decision making purposes
c. do not include opportunity costs; include opportunity costs
d. include opportunity costs; do not include opportunity costs
e. both b and c
f. both a and d