Michael wants to be president of his division. everything he does is geared to that objective. he pushes his employees to to meet higher quotas, criticizes anyone who doesn’t put in 10 to 12 hour days, and demands results before the due date. he is arrogant and dominant.

Match each event to its effect on the equilibrium interest rate and the amount of investment in the loanable funds market. higher interest rate, greater investment higher interest rate, less investment lower interest rate, less investment lower interest rate, greater investment immediate consumer gratification is no longer preferred by people. an efficient new source of energy effectively increases the return on owning a factory. a wave of retirees stops working and begins drawing on retirement savings.