The ________ the nominal interest rate, the ________ is the quantity of money demanded
A) lower; greater
B) higher; greater
C) more variable; smaller
D) lower; smaller
E) None of the above because the nominal interest rate does not influence the quantity of money demanded.
A
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Answer the following statement(s) true (T) or false (F)
1. In the United States, the National Emission Standards for Hazardous Air Pollutants (NESHAP) are set to reach the maximum reduction of each toxic achievable, which is known as the maximum achievable control technology (MACT). 2. A State Implementation Plan (SIP) outlines procedures for a state to implement, monitor, and enforce the NAAQS but not the NESHAP. 3. Air Quality Control Regions (AQCRs) are those geographic areas in the United States identified as having met all air quality standards. 4. Air quality in the United States is monitored either by estimating emissions levels or by measuring pollutant concentrations. 5. Environmental justice is an equity criterion that has increased in importance over time in U.S. policy decisions.
As their relative riskiness ________, the expected return on corporate bonds ________ relative to the expected return on default-free bonds, everything else held constant
A) increases; increases B) increases; decreases C) decreases; decreases D) decreases; does not change
The fourth step of the four step process is to
a. identify the new equilibrium and then compare the original equilibrium price and quantity to the new equilibrium price and quantity. b. decide whether the economic change being analyzed affects demand or supply. c. draw a demand and supply model before the economic change took place. d. decide whether the effect on demand or supply causes the curve to shift to the right or to the left, and sketch the new demand or supply curve on the diagram.
If net taxes paid by households increase:
A. public saving will decrease. B. transfer payments to households will decrease. C. private saving will decrease. D. private saving will increase.