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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 33 times)

renzo156

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on: Jun 29, 2018
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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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


renzo156

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

billybob123

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

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