Author Question: As the interest rate increases, consumers will tend to increase their amount of saving due to a. ... (Read 74 times)

acc299 · **on:** Jun 30, 2018

As the interest rate increases, consumers will tend to increase their amount of saving due to
a. increased profit
b. their greater reliance on borrowing
c. the lower opportunity cost of current consumption
d. diminishing marginal utility
e. the higher opportunity cost of current consumption

Question 2

Which of the following components of the U.S. balance of payments includes direct investment by Americans in foreign securities?
a. U.S. official reserve assets
b. the capital account
c. the current account
d. U.S. government assets abroad
e. merchandise trade balance