Adele wants to buy a house at a fixed mortgage rate, Zen wants to buy a luxury vehicle with his savings, Fang wants to buy stocks of a blue-chip company with his salary, and Zayeda wants to book an apartment with the money she won in a lottery. If the Fed had implemented a contractionary monetary policy that is still effective, _____ is likely to be most adversely affected
a. Zayeda
b. Fang
c. Adele
d. Zen
c
You might also like to view...
In order to use lock-in as a competitive strategy, firm managers should be prepared to do all of the following except:
A) invest in a given base of customers by giving concessions initially. B) avoid selling complementary products and access to the customer base. C) be the first to bring a new type of product to market. D) use loyalty programs as part of an entrenchment strategy.
A line that rises from left to right has a positive slope.
Answer the following statement true (T) or false (F)
What happens to desired investment spending if the interest rate rises? Is this response relevant to the supply of loanable funds curve or the demand for loanable funds curve?
Why do people often hold money instead of bonds?
A. Bonds pay interest. B. Money is less liquid than bonds. C. Money is needed for transactions. D. Of the two, only money is a store of wealth.