When the U.S. banking system collapsed during 1929-1933, the ...

[dejastew]

When the U.S. banking system collapsed during 1929-1933, the money supply declined dramatically.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Suppose the interest rate on a bond is 12.5 percent and that bond pays 90 a year in interest and sells for 720 . If the supply of bonds increases and the price of the bond falls to 600, the interest rate will ____ to ____.
 a. increase; 15 percent
  b. increase; 17.5 percent
  c. decrease; 7.5 percent
  d. decrease; 10 percent
  e. increase; 13 percent

[juliaf]

Answer to Question 1

True

Answer to Question 2

a

[dejastew]

Thanks for the timely response, appreciate it

[jojobee318]

Excellent