Ceteris paribus, if bond prices rise, then

A) there is no effect on bond yields.
B) bond yields will increase as well.
C) bond yields will fall
D) the Federal reserve must be pursuing contractionary monetary policy.

C

Economics

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Diminishing marginal utility means that

A) Ralph will enjoy his second hamburger less than the first. B) the total utility from one hamburger exceeds the total utility from two hamburgers. C) the price of two hamburgers is twice the price of one. D) beyond a certain point, total utility decreases as income rises.

Economics

Which of the following is assumed constant along a given supply curve for pistachio ice cream?

a. the price of pistachios and the price of pistachio ice cream b. the price of pistachio ice cream and the price of alternate flavors of ice cream c. the prices of alternate goods, but not the prices of inputs d. all variables affecting supply other than the productive capacity of the industry e. all variables affecting supply other than the price of pistachio ice cream

Economics