47) The demand curve for bonds has the usual downward slope, indicating that at prices of the bond, everything else equal, the is higher. A) higher; demand B) higher; quantity demanded C) lower; demand OD) lower; quantity demanded
47) The demand curve for bonds has the usual downward slope, indicating that at prices of the bond, everything else equal, the is higher. A) higher; demand B) higher; quantity demanded C) lower; demand OD) lower; quantity demanded
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Answer question 47

Transcribed Image Text:10:20
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B) lenders; advancers
C) borrowers; lenders
D) borrowers; advancers
47) The demand curve for bonds has
the usual downward slope, indicating
that at
prices of the bond,
everything else equal, the
is
higher.
A) higher; demand
B) higher; quantity demanded
C) lower; demand
D) lower; quantity demanded
48) During business cycle expansions
when income and wealth are rising,
the demand for bonds
and
the demand curve shifts to the
everything else held
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