1.) Which of the following is/are the possible effects of introducing fresh currency?[S1] Increase in money supply with the public [S2] The rise in the nominal income of public [S3] The fall in the general price level A.) Statement 1 only. B.) Statements 1 and 2 only. C.) Statement 2 only. D.) Statements 1, 2, and 3.
Choose the correct answer
1.) Which of the following is/are the possible effects of introducing fresh currency?[S1] Increase in money supply with the public [S2] The rise in the nominal income of public [S3] The fall in the general price level
A.) Statement 1 only.
B.) Statements 1 and 2 only.
C.) Statement 2 only.
D.) Statements 1, 2, and 3.
2.) If the quantity of money demanded exceeds the quantity of money supplied, then the interest rate will
A.) fall
B.) remain constant
C.) rise
D.) change in an uncertain direction
3.) [Case 1] Mortgagor A earns P50,000 a month while Mortgagor B earns P80,000 per month. [Case 2] Mortgagor C is willing to make a down payment of P3,000,000 while Mortgagor D will make a down payment of P5,000,000. Assuming everything else is held constant, who will have a better credit rating
A.) A and C
B.) A and D
C.) B and C
D.) B and D
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