Use the Table Below to Answer the Following Questions

question 80

Multiple Choice

Use the table below to answer the following questions.
Table 24.4.1

-Refer to Table 24.4.1.The spreadsheet provides information about the demand for money in Minland.
Column A is the nominal interest rate,r.Columns B and C show the quantity of money demanded at two different levels of real GDP: Y? is $10 billion and Y? is $20 billion.
The quantity of money is $3 billion.Real GDP is $20 billion.
If the interest rate is greater than 4 percent a year

• A)people buy bonds, the price of a bond rises, and the interest rate rises.
• B)people buy bonds, the price of a bond rises, and the interest rate falls.
• C)people sell bonds, the price of a bond falls, and the interest rate rises.
• D)people sell bonds, the price of a bond falls, and the interest rate falls.
• E)the demand for money decreases.

---

Definitions:

Media Personnel

Individuals involved in the creation, production, and dissemination of media content, such as journalists, editors, and broadcasters.

Agency

The capacity of individuals or groups to act independently and make their own free choices.

Counterbalancing

The method of compensating or neutralizing the effect of something by introducing a counteracting force or element.

Social Construction

The theory that many aspects of the world, including knowledge, are not inherently natural but are shaped by society's perceptions and actions.