As a Result of Contractionary Monetary Policy, Higher U

question 54

Multiple Choice

As a result of contractionary monetary policy, higher U.S. interest rates will result in a(n) _____ in the demand for dollars and a(n) _____ in the supply of dollars.

• A) increase; increase
• B) increase; decrease
• C) decrease; increase
• D) decrease; decrease

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Definitions:

Diploid Number

The total number of chromosomes in a cell or organism, representing two sets—one from each parent.

Gametes

Reproductive cells (sperm in males and eggs in females) that unite during fertilization to form a new organism.

Somatic Cells

Any cell of a living organism other than the reproductive cells, forming the body of the organism.

Meiosis

A specialized type of cell division that reduces the chromosome number by half, resulting in the production of gametes or spores.