This topic contains a solution. Click here to go to the answer

Author Question: If the interest rate rises from 1 percent to 3 percent, the ________ decreases and the opportunity ... (Read 37 times)

Redwolflake15

  • Hero Member
  • *****
  • Posts: 569
If the interest rate rises from 1 percent to 3 percent, the ________ decreases and the opportunity cost of holding money ________.
 
  A) demand for money; rises
  B) quantity of money demanded; rises
  C) quantity of money supplied; rises
  D) quantity of money demanded; falls
  E) quantity of money supplied; falls

Question 2

Moving along the aggregate supply curve,
 
  A) the quantity of capital used increases.
  B) technology advances.
  C) the stock of human capital increases.
  D) only the price level changes.
  E) the real wage rate is constant.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

firehawk60

  • Sr. Member
  • ****
  • Posts: 315
Answer to Question 1

B

Answer to Question 2

D





 

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

For a complete list of videos, visit our video library