An increase in bond prices will most likely result in
A. an increase in the quantity demanded of money.
B. a decrease in the quantity demanded of money.
C. an increase in interest rates.
D. an increase in the opportunity cost of holding money.
Answer: A
You might also like to view...
Health care costs have been increasing dramatically in the U.S.
A. True B. False C. Uncertain
Economists found evidence of discrimination in each of the following markets except
a. 1960s baseball games b. baseball cards c. live basketball games in the 1980s d. current era baseball games
Refer to the graph below.
As you move from point A to point B:
A. production efficiency is decreased because we are no longer on the production possibility curve. B. production efficiency is decreased because we have less of good Y. C. the change in efficiency is unclear. D. production efficiency is increased because we have more of good X.
When a monopolist sells two units of output its total revenue is $600. When a monopolist sells three units of output its total revenue is $690. In order to sell three units of output instead of only two, the monopolist must
A. decrease its price by $70 per unit. B. decrease its price by $30 per unit. C. decrease its price by $90 per unit. D. make no change in price and increase output by one unit.