Author Question: In the above figure, the equilibrium interest rate is ________ and the equilibrium quantity of money ... (Read 109 times)

sheilaspns · **on:** Jun 29, 2018

In the above figure, the equilibrium interest rate is ________ and the equilibrium quantity of money is ________ trillion.

A) 4 percent; 1.2
B) 8 percent; 1.2
C) 4 percent; 0.6
D) 8 percent; 0.6
E) 0 percent; 1.2

Question 2

Recall the Application. The experiment conducted by Blinder showed that the actual process of having committee meetings and discussions

A) improved the group's overall performance.
B) tended to polarize the group into two distinct factions.
C) magnified the individual group member's differences.
D) related to the average performance of the individual group members.