This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If nominal interest rates rise, what will happen to demand for money? a. It will increase. b. It ... (Read 218 times)

bcretired

  • Hero Member
  • *****
  • Posts: 525
on: Jun 30, 2018
If nominal interest rates rise, what will happen to demand for money?
 a. It will increase.
 b. It will decrease.
 c. Nothing; the economy will move to a new quantity demanded at a new interest rate.
 d. It depends on what happens to other determinants of demand for money like prices or income.

Question 2

If the real GDP of a developed country doubles in 48 years, the average annual growth rate in real GDP must be _____.
 a. 1.5
  b. 3.5
  c. 0.67
  d. 0.012
  e. 24


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

JYan

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

a


bcretired

  • Member
  • Posts: 525
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

Kedrick2014

  • Member
  • Posts: 359
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

This modified model of Easton’s systems theory puts government decision makers as the source of pol This modified model of Easton’s systems theory puts government decision makers as the source of pol
The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha
Atmospheric pressure decreases with increase in altitude. Atmospheric pressure decreases with increase in altitude.
The population of Asia increases rapidly, the demand for food and water is also growing The population of Asia increases rapidly, the demand for food and water is also growing
The Nile Delta will be strongly affected by a rise in sea level of 50 cm The Nile Delta will be strongly affected by a rise in sea level of 50 cm
The Economics of Money, Banking and Financial Markets, Business School Edition The Economics of Money, Banking and Financial Markets, Business School Edition
Video: Insulin (glucose uptake by body cells), glycogenesis and lipogenesis

For a complete list of videos, visit our video library