This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If nominal interest rates rise, what will happen to demand for money? a. It will increase. b. It ... (Read 215 times)

bcretired

  • Hero Member
  • *****
  • Posts: 525
on: Jun 30, 2018
If nominal interest rates rise, what will happen to demand for money?
 a. It will increase.
 b. It will decrease.
 c. Nothing; the economy will move to a new quantity demanded at a new interest rate.
 d. It depends on what happens to other determinants of demand for money like prices or income.

Question 2

If the real GDP of a developed country doubles in 48 years, the average annual growth rate in real GDP must be _____.
 a. 1.5
  b. 3.5
  c. 0.67
  d. 0.012
  e. 24


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

JYan

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

a


bcretired

  • Member
  • Posts: 525
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

diana chang

  • Member
  • Posts: 288
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Estimating cicada population size and predation rates by birds. Estimating cicada population size and predation rates by birds.
The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha
Compression used to increase circulation when the athlete is clothed. Compression used to increase circulation when the athlete is clothed.
How to calculate compound interest (Part 2) How to calculate compound interest (Part 2)
Women status and the population growth rates Women status and the population growth rates
Demographic transition model for changes in population growth rates and sizes, correlated with long- Demographic transition model for changes in population growth rates and sizes, correlated with long-
Video: Lactation and Breast Feeding

For a complete list of videos, visit our video library