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Author Question: When the quantity of money demanded is greater than the quantity of money supplied, people ________ ... (Read 346 times)

kshipps

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on: Jun 29, 2018
When the quantity of money demanded is greater than the quantity of money supplied, people ________ bonds and the interest rate ________.
 
  A) sell; rises
  B) sell; falls
  C) buy; rises
  D) buy; falls

Question 2

The table above gives the demand for a monopolist's output. What is the marginal revenue when output is increased from 5 to 6 units?
 
  A) 18
  B) 4
  C) 3
  D) -2


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vickybb89

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

A

Answer to Question 2

D


kshipps

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

mjenn52

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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