If there is an excess demand for money, there is an excess
a. supply of bonds and the price of bonds will increase.
b. supply of bonds and the price of bonds will decrease.
c. demand for bonds and the price of bonds will increase.
d. demand for bonds and the price of bonds will decrease.
e. supply of bonds and the price of bonds will not change.
B
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Which specific government agency monitors unemployment?
A) Bureau of Labor Statistics B) Executive Branch C) State Department D) Commerce Department
In order to formulate whether or not the alternative hypothesis is one-sided or two-sided, you need some guidance from economic theory
Choose at least three examples from economics or other fields where you have a clear idea what the null hypothesis and the alternative hypothesis for the slope coefficient should be. Write a brief justification for your answer. What will be an ideal response?
What portion of the marginal revenue of the 5th unit is due to the output effect and what portion is due to the price effect?
A) output effect = $1.50; price effect = $2.00
B) output effect = $5.50; price effect = -$2.00
C) output effect = $3.00; price effect = $0.50
D) output effect = $4.00; price effect = -$0.50
Inflation can be defined as
A. a decrease in the purchasing power of money. B. no change in the purchasing power of money. C. an increase in real income. D. an increase in the purchasing power of money.