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

Author Question: If current income increases as much as future income decreases A) current consumption decreases. ... (Read 68 times)

CORALGRILL2014

  • Hero Member
  • *****
  • Posts: 525
If current income increases as much as future income decreases
 
  A) current consumption decreases.
  B) current consumption stays the same.
  C) current consumption increases.
  D) We do not know.

Question 2

When people are holding money in excess of their demand for real money balances ________.
 
  A) the nominal interest rate will fall
  B) they increase their purchases of goods and services
  C) the central bank buys bonds to correct the imbalance
  D) all of the above
  E) none of the above



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kescobar@64

  • Sr. Member
  • ****
  • Posts: 324
Answer to Question 1

C

Answer to Question 2

A





 

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

For a complete list of videos, visit our video library