The following table shows Jay's estimated annual benefits of holding different amounts of money.Average money holdingsTotal benefit$100$20$200$29$300$36$400$41$500$44 How much money will Jay hold if the nominal interest rate is 6 percent? (Assume he wants his money holdings to be in multiples of $100.)

The price effect is the effect of a ________ on the quantity of the good ________

A) decrease in the price; demanded B) change in the price; supplied C) change in price and income; consumed D) change in the price; consumed

Suppose a market were currently at equilibrium. A rightward shift of the demand curve would cause

A) an increase in price but a decrease in quantity. B) a decrease in price but an increase in quantity. C) an increase in both price and quantity. D) a decrease in both price and quantity.