Author Question: If the quantity of money demanded exceeds the quantity of money supplied, then the A) equilibrium ... (Read 48 times)

evelyn o bentley

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If the quantity of money demanded exceeds the quantity of money supplied, then the
 
  A) equilibrium interest rate will decrease.
  B) equilibrium interest rate will increase.
  C) equilibrium interest rate stays the same.
  D) effect on the equilibrium interest rate is indeterminate.

Question 2

Labor productivity growth depends on
 
  i. saving and investment.
  ii. increases in human capital.
  iii. technological growth.
  A) Both ii and iii
  B) ii only
  C) i, ii, and iii
  D) iii only
  E) i only



Briannahope

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Answer to Question 1

B

Answer to Question 2

C



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