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Author Question: When the U.S. banking system collapsed during 1929-1933, the money supply declined dramatically. a. ... (Read 43 times)

dejastew

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on: Jun 30, 2018
When the U.S. banking system collapsed during 1929-1933, the money supply declined dramatically.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Suppose the interest rate on a bond is 12.5 percent and that bond pays 90 a year in interest and sells for 720 . If the supply of bonds increases and the price of the bond falls to 600, the interest rate will ____ to ____.
 a. increase; 15 percent
  b. increase; 17.5 percent
  c. decrease; 7.5 percent
  d. decrease; 10 percent
  e. increase; 13 percent


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juliaf

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Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

a


dejastew

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  • Posts: 562
Reply 2 on: Jun 30, 2018
Wow, this really help

Kedrick2014

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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