Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
szehim2009 szehim2009
wrote...
Go to Answer
Posts: 119
Rep: 0 0
A year ago
The following table lists some economic agents and their intentions. At present the interest rate is 5 percent.

WhoIntentAmount Needed
Mike Save for child's college$50,000
SophieBuy a car$10,000
Pie's PizzaExpand restaurant$100,000
SaraSave for retirement$100,000

Refer to the table above. Why might Mike decide to decrease his saving?

▸ He wants to buy a new car.

▸ He loses his high-paying job.

▸ The interest rate is increasing.

▸ All the above statements could be true.
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
Read 25 times
1 Reply
Replies
Answer verified by a subject expert
chinwe20chinwe20
wrote...
#1
Posts: 143
Rep: 1 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

szehim2009 Author
wrote...

A year ago
this is exactly what I needed
decibul
wrote...

Yesterday
This calls for a celebration Person Raising Both Hands in Celebration
Jodias
wrote...

2 hours ago
Thanks
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1271 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 1000
  
 3451
  
 329
Your Opinion
Where do you get your textbooks?
Votes: 372
Previous poll results: Which industry do you think artificial intelligence (AI) will impact the most?