If the consensus in securities markets is that a previous increase in the money supply will be inflationary, the likely result will be
A) higher real interest rates.
B) higher nominal interest rates.
C) lower real interest rates.
D) lower nominal interest rates.
B
Economics
You might also like to view...
Nicholas is saving money collected from his paper route in order to purchase a new bicycle. His saving represents using money as
A) a medium of exchange. B) a store of value. C) an unit of account. D) none of the above
Economics
The principal-agent problem would not occur if ________ of a firm had complete information about actions of the ________
A) owners; customers B) owners; managers C) managers; customers D) managers; owners
Economics