Real interest rates rise and fall to balance the amount saved with the amount borrowed. This affects the allocation of scarce resources between present and future uses.
Standard detail
6.
Benchmark
Depth 1Parent ID: ECCC92724B234ADB8CD36014E9130EFEStandard set: Grades 9, 10, 11, 12
Original statement
Quick facts
- Statement code
- 6.
- List ID
- 6.
- Standard ID
- 5F22D1628DCE4F299C7A6C18F55AD0DD
- ASN identifier
- S2604789
- Subject
- Economics
- Grades
- 09, 10, 11, 12
- Ancestor IDs
- ECCC92724B234ADB8CD36014E9130EFE
- Source document
- Voluntary National Content Standards in Economics (2010)
- License
- CC BY 3.0 US