Author Question: Consider the market for credit. When the demand for credit decreases while the supply of credit ... (Read 193 times)

fbq8i

  • Hero Member
  • *****
  • Posts: 527
Consider the market for credit. When the demand for credit decreases while the supply of credit remains unchanged,
 
  A) the interest rate will decrease and the amount of credit provided in the market will increase.
  B) the interest rate will increase and the amount of credit provided in the market will increase.
  C) the interest rate will decrease and the amount of credit provided in the market will decrease.
  D) the interest rate will increase and the amount of credit provided in the market will decrease.

Question 2

When airlines overbook a flight and passengers are paid to take a later flight, which category of passenger is most likely to give up their reservations?
 
  A) Passengers not in a hurry
  B) Poor passengers
  C) Selfish passengers
  D) Unselfish passengers
  E) Wealthy passengers



stillxalice

  • Sr. Member
  • ****
  • Posts: 339
Answer to Question 1

C

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

For a complete list of videos, visit our video library