The ____________ describes a situation where sufficient credit is available, but the economy experiences a reduction in consumption and investment.
A. inflation rate effect
B. interest rate effect
C. wealth effect
D. price effect
Answer:B
The ____________ describes a situation where sufficient credit is available, but the economy experiences a reduction in consumption and investment.
A. inflation rate effect B. interest rate effect C. wealth effect D. price effect
Explanation: Type: Multiple Choice