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Author Question: In the short run, when the Fed decreases the quantity of money A) bond prices fall and the ... (Read 22 times)

renzo156

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In the short run, when the Fed decreases the quantity of money
 
  A) bond prices fall and the interest rate rises.
  B) bond prices rise and the interest rate falls.
  C) the demand for money increases.
  D) the supply of money curve shifts rightward.

Question 2

Let MUa and MUb stand for the marginal utilities of apples and bagels. Let Pa and Pb stand for their prices. The general necessary condition for consumer equilibrium is
 
  A) MUa = MUb.
  B) MUa = MUb and Pa = Pb.
  C) MUa/Pa = MUb/Pb.
  D) MUa/MUb = Pb/Pa.



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ebonylittles

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Answer to Question 1

A

Answer to Question 2

C




renzo156

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)


lcapri7

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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