Suppose that nominal interest rates double. As a result, the quantity of money doubles as well

Indicate whether the statement is true or false

FALSE

Economics

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Which of the following statements about positive economic analysis is false?

A) There is much more disagreement among economists over normative economic analysis than over positive economic analysis. B) Positive analysis uses an economic model to estimate the costs and benefits of different course of actions. C) Unlike normative economic analysis, positive economic analysis can be tested. D) There is much more disagreement among economists over positive economic analysis than over normative economic analysis.

Economics

A bond issued by a local government to build a convention center that is to be financed by fees charged to users is an example of

A) commercial paper. B) a general obligation bond. C) a collateralized bond. D) a revenue bond.

Economics