UPWARD MOVEMENTS IN INTEREST RATES (A) CREATE GREAT HOSTILITY TOWA...

17) Upward movements in interest rates (a) create great hostility toward the central bank and lead to demands that the central bank’s power be curtailed. (b) make it more difficult for construction firms to plan how many houses they should build. (c) reduce consumers’ willingness to purchase houses. (d) do all of the above. (e) do only (a) and (b) of the above. Answer: D Question Status: Previous Edition