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Author Question: The table above gives the quantity of money and money demand schedules. Suppose that the interest ... (Read 26 times)

newbem

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The table above gives the quantity of money and money demand schedules. Suppose that the interest rate is equal to 3 percent. The effect of this interest rate in the money market is that
 
  A) the money market is in equilibrium.
  B) people buy bonds and the interest rate falls.
  C) people sell bonds and the interest rate rises.
  D) bond prices rise so that the interest rate rises.

Question 2

In game theory, strategies include ________.
 
  A) all possible actions of each player
  B) only the winning action of each player
  C) all possible actions and payoffs of each player
  D) the payoff matrix



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morrie123456

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Answer to Question 1

C

Answer to Question 2

A




newbem

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


billybob123

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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