In Which of the Following Situations Is It Certain That

question 230

Multiple Choice

In which of the following situations is it certain that the quantity of money demanded by the public will decrease?

• A) nominal GDP decreases and the interest rate decreases
• B) nominal GDP increases and the interest rate decreases
• C) nominal GDP decreases and the interest rate increases
• D) nominal GDP increases and the interest rate increases

---

Definitions:

Alternative Dispute Resolution Act

Legislation that provides for the resolution of disputes through methods other than litigation, such as arbitration or mediation.

Federal District Court

The general trial courts of the United States federal court system where civil and criminal cases are heard and decided.

ADR

Stands for Alternative Dispute Resolution; it is a set of procedures such as mediation and arbitration for resolving disputes outside the traditional judicial system.

Binding Arbitration Clause

A contract agreement requiring the parties to resolve disputes through an arbitration process rather than through litigation in court.