If gold becomes acceptable as a medium of exchange, the demand for gold will ________ and the demand for bonds will ________, everything else held constant

A) decrease; decrease
B) decrease; increase
C) increase; increase
D) increase; decrease

D

Economics

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How did the federal funds rate compare to that suggested by Taylor's rule following the 2001 recession and during the Financial Crisis of 2007-2009? How would proponents of Taylor's rule evaluate monetary policy in each period

What will be an ideal response?

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Which of the following changes would tend to both decrease the quantity of a good traded and increase the price?

a. An increase in demand. b. A decrease in demand. c. An increase in supply. d. A decrease in supply.

Economics