Author Question: The supply curve for credit card services is an increasing function of A) the price of credit ... (Read 87 times)

washai · **on:** Jun 30, 2018

The supply curve for credit card services is an increasing function of

A) the price of credit card services.
B) bank profitability.
C) the real interest rate.
D) the quantity of money.

Question 2

An increase in expected inflation results in

A) lower nominal interest rates and higher bond prices.
B) lower real interest rates and higher bond prices.
C) higher real interest rates and lower bond prices.
D) higher nominal interest rates and lower bond prices.