Suppose you have borrowed money from a bank to buy a house. Which of the following will happen if the inflation rate unexpectedly rises?

We would expect the euro to appreciate when there is a __________ shift in the euro demand curve or a __________ shift in the euro supply curve

A) rightward; rightward B) rightward; leftward C) leftward; rightward D) leftward; leftward

Money can BEST be described as:

A) anything that is generally accepted as payment for goods and services or in the settlement of debts. B) paper that can be used to purchase goods and services C) commodities that have intrinsic value D) any form of wealth possessed by consumers