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Author Question: If the price level falls, the A) quantity of money demanded decreases. B) quantity of money ... (Read 88 times)

james

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If the price level falls, the
 
  A) quantity of money demanded decreases.
  B) quantity of money demanded increases.
  C) demand for money does not change and the quantity of money demanded does not change.
  D) demand for money increases.
  E) demand for money decreases.

Question 2

If a one-year bond is purchased for 400 and the interest rate is 8 percent, what will it pay in one year?
 
  A) 48 B) 368 C) 400 D) 432



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T4T

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Answer to Question 1

E

Answer to Question 2

D




james

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


adammoses97

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

 

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