Kandace is interested in a house that fits most of her needs, but it is located in a busy area where she is not sure she wants to live. Her concern about the property's location is called

For China

A) there was a long period of success with the economic results of communism so it was hard to change policies. B) reform of its economic system was rapid, with a quick dismantling of most of the controls exercised by the state and party over the economic system, but not the political system. C) economic reforms were intended to create more wealth to distribute, not do undo the communist party. D) there are no longer state owned enterprises.

For a given nominal interest rate, a reduction in expected inflation will cause

A) a reduction in the real interest rate. B) an increase in the real interest rate. C) an increase in investment. D) an increase in money demand.