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Author Question: If current income increases as much as future income decreases A) current consumption decreases. ... (Read 89 times)

CORALGRILL2014

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If current income increases as much as future income decreases
 
  A) current consumption decreases.
  B) current consumption stays the same.
  C) current consumption increases.
  D) We do not know.

Question 2

When people are holding money in excess of their demand for real money balances ________.
 
  A) the nominal interest rate will fall
  B) they increase their purchases of goods and services
  C) the central bank buys bonds to correct the imbalance
  D) all of the above
  E) none of the above



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kescobar@64

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Answer to Question 1

C

Answer to Question 2

A





 

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