Use the Table Below to Answer the Following Questions

question 72

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: Y0 is $10 billion and Y1 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.

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Definitions:

Alienated Followers

Individuals within a group or organization who feel estranged or detached from their leaders due to perceived lack of voice or value.

Independently

Acting or making decisions without the influence or assistance from others, implying autonomy in thoughts and actions.

Critically

Involves analyzing, evaluating, and synthesizing information in order to form a reasoned judgment or understanding.

Charisma

A personal quality that gives an individual influence or authority over large numbers of people.