A traditional system operates based on the self interest of buyers and sellers

According to the interest-rate-based monetary policy transmission mechanism

A) an increase in money supply will increase interest rates. B) an increase in money supply will decrease interest rates. C) a decrease in money supply will decrease interest rates. D) a decrease in money supply will not change interest rates.

The consumer's optimal choice is the one in which the marginal utility per dollar spent on good X is

a. equal to the marginal utility per dollar saved on good X. b. greater than the marginal utility per dollar spent on good Y. c. equal to the marginal utility per dollar spent on good Y. d. less than the marginal utility per dollar spent on good Y.