When an economy is experiencing higher real interest rates, business firms will most likely be discouraged from investing in:
A. mechanical devices.
B. specialized services.
C. computer or other technologies.
D. tangible and/or intangible capital.
Answer:D
When an economy is experiencing higher real interest rates, business firms will most likely be discouraged from investing in:
A. mechanical devices. B. specialized services. C. computer or other technologies. D. tangible and/or intangible capital.
Explanation: Type: Multiple Choice Category: Analyze