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Tidy Tidy
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Posts: 4852
9 years ago
Suppose the Fed decreases the money supply. In response households and firms will ________ short term assets and this will drive ________ interest rates.
A) buy; up
B) buy; down
C) sell; up
D) sell; down
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 195 times
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Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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SydnieSydnie
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Posts: 3807
9 years ago
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9 years ago
I was confident with my answer, glad it was correct.

Oh, and thumbs-up are more than welcome Slight Smile
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