The above table has the demand and supply schedules for money. If the Fed increases the quantity of money by $0.1 trillion, the new equilibrium nominal interest rate is
A) 5 percent. B) 7 percent. C) 6 percent. D) 9 percent. E) 8 percent.
E
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When the coupon rate on newly issued bonds ________ relative to older, outstanding bonds, the market price of the older bond ________
A) increases; rises in the secondary market B) increases; falls in the secondary market C) decreases; falls in the primary market D) decreases; falls in the secondary market
Average revenue for a monopoly is the total revenue divided by the quantity produced
a. True b. False Indicate whether the statement is true or false
Worsening terms of trade can be offset by
a. increased productivity. b. increased competition. c. reductions in domestic tariffs. d. increased property taxes.
At any given moment there is one exchange rate: a. for all the world's currencies
b. for currencies in the free world. c. between every pair of currencies. d. established by the Federal Reserve System.