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Author Question: The Open Market Committee oversees the money supply through the Fed's sale and purchase of ... (Read 80 times)

frankwu

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on: Jun 30, 2018
The Open Market Committee oversees the money supply through the Fed's sale and purchase of government securities.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Suppose a bond sells for 2,000 and pays 200 per year in interest. What will happen to the current interest rate if the price of the bond changes to 1,800?
 a. It decreases by 10 percentage points.
  b. It increases by 10 percentage points.
  c. It remains unchanged.
  d. It increases by 1 percentage point.
  e. It decreases by 1 percentage point.


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Mollythedog

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

True

Answer to Question 2

d


frankwu

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  • Posts: 549
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

zacnyjessica

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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