The ownership of stock of assets is

If a good is inferior and its price increases,

a. the income effect will be positive and the substitution effect will be positive. b. the income effect will be negative and the substitution effect will be negative. c. the income effect will be positive and the substitution effect will be negative. d. the income effect will be negative and the substitution effect will be positive.

The federal funds market is the market where:

a. the federal government borrows money from banks to finance the national debt. b. the federal government lends money to commercial banks. c. banks borrow money from other banks for short periods of time. d. banks borrow money from the Fed for short periods of time. e. banks borrow money from the Treasury for long periods of time.