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Author Question: The quantity of money demanded will decrease if the A) nominal interest rate decreases. B) price ... (Read 41 times)

deesands

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on: Jun 30, 2018
The quantity of money demanded will decrease if the
 
  A) nominal interest rate decreases.
  B) price level rises.
  C) real interest rate decreases.
  D) inflation rate decreases.
  E) nominal interest rate increases.

Question 2

Refer to Figure 18.2. After trade and specialization begin, the maximum amount of spears that Macadamia can consume is
 
  A) 40. B) 100. C) 120. D) 160.


leahm14

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

E

Answer to Question 2

D


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