If People Expect Nominal Interest Rates to Be Lower in the Future,the

question 59

Multiple Choice

If people expect nominal interest rates to be lower in the future,the expected return to bonds ________,and the demand for money ________.

• A)increases;increases
• B)increases;decreases
• C)decreases;increases
• D)decreases;decreases

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Definitions:

Goal Commitment

The determination and attachment an individual has towards achieving a specific target or objective.

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