When the price level falls
a. households want to lend more, so the interest rate rises making the quantity of goods and services demanded rise.
b. households want to lend more, so the interest rate falls, making the quantity of goods and services demanded rise.
c. households want to lend more, so the interest rate rises, making the quantity of goods and services demanded fall.
d. None of the above are correct.
b
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The Federal Trade Commission is an agency that would enforce
A) social regulation. B) economic regulation. C) antitrust laws. D) fair pricing for consumers.
Exhibit 36-1 Bond FaceValueof Bond Price ofthe Bond Annual CouponPayment A $1,000 $850 $25 B $1,000 $950 $41 C $1,000 $1,100 $52 D $1,000 $1,100 $32 E $1,000 $1,000 $50 Refer to Exhibit 36-1. The yield on bond D is approximately
A. 11 percent. B. 3.2 percent. C. 2.9 percent. D. 0.03 percent