Suppose that there is concern about the stability of the global financial system causing a flight to the safety of U.S. government bonds. Which of the following is NOT a likely consequence?
A) higher price of U.S. government bonds
B) lower interest rate on U.S. government bonds
C) increased demand for U.S. government bonds
D) reduced supply of U.S. government bonds
A
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Among the 25 most developed countries in the world where does the United States rank in terms of recycling?
a. 5th b. 10th c. 18th d. 20th e. 25th
Economists use the term demand to refer to the amount of some good or service consumers are willing and able to purchase at each price.
Select whether the statement is true or false. A. True B. False
What would be the opportunity cost of a child using a coupon for a free ice cream cone?
a. the dollar cost of the cone she selected b. the other types of ice cream she could have selected c. zero - because the good was not a durable good d. zero - because the good was free
In the 1930s our main economic problem, said John Maynard Keynes, was
A. inflation. B. insufficient aggregate demand. C. too much government interference with the economy. D. huge budget deficits.