Author Question: An increase in the marginal propensity to hold money a. results in an fall in the interest rate ... (Read 13 times)

abarnes

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An increase in the marginal propensity to hold money
 
  a. results in an fall in the interest rate and a decline in income.
  b. raises the interest rate and lowers income.
  c. results in a fall in the interest rate and a rise in income.
  d. raises both the interest rate and income.

Question 2

The direction of colonial trade produced great trade deficits with England, especially in the New England Colonies. Consequently, growth and development were stifled in colonial America.
 
  Indicate whether the statement is true or false



eliasc0401

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Answer to Question 1

B

Answer to Question 2

False



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