Author Question: If the nominal interest rate is above its equilibrium value, then A) the demand curve for money ... (Read 79 times)

iveyjurea

  • Hero Member
  • *****
  • Posts: 555
If the nominal interest rate is above its equilibrium value, then
 
  A) the demand curve for money shifts rightward and the interest rate rises.
  B) the demand curve for money shifts leftward and the interest rate falls.
  C) people sell financial assets and the interest rate falls.
  D) the supply curve of money shifts leftward and the interest rate rises.
  E) people buy financial assets and the interest rate falls.

Question 2

The table above has information about the CPI, nominal wage rate, and nominal interest rate for the country of Syldavia for the years 2010 to 2012. The reference base year is 2011. The inflation rate in Syldavia from 2011 to 2012 was
 
  A) 8.4 percent. B) 8.0 percent. C) 4.0 percent. D) 3.0 percent. E) 10.3 percent.



qytan

  • Sr. Member
  • ****
  • Posts: 336
Answer to Question 1

E

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

For a complete list of videos, visit our video library