As the price level rises
a. people will want to buy more bonds, so the interest rate rises.
b. people will want to buy fewer bonds, so the interest rate falls.
c. people will want to buy more bonds, so the interest rate falls.
d. people will want to buy fewer bonds, so the interest rate rises.
d
You might also like to view...
Explain why Relative PPP is useful when comparing countries that base their price levels on different product baskets
What will be an ideal response?
For a given level of output, the short-run total cost of production
a. always falls below the long-run total cost of production b. always exceeds the long-run total cost of production c. always equals the long-run total cost of production d. may exceed or equal the long-run total cost of production e. may exceed or fall below the long-run total cost of production
Which of the following is a public good?
a. an economics lecture b. a television set c. higher education d. housing e. clean air
Suppose that competing firms form an employers’ association that hires labor as a monopsonist would.
a. Suppose that competing firms form an employers’ association that hires labor as a monopsonist would. This will cause a? b. Hospital administrators sometimes complain about a “shortage” of nurses. The shortage is the result of?