Examlex
If the quantity supplied of money exceeds the quantity demanded of money, people will ________ bonds which will cause bond prices to ________ and the nominal interest rate to ________ until the quantity demanded and quantity supplied of money are equal.
Component Statements
Individual statements or propositions that, when combined through logical connectors, form a compound statement.
Connective(s)
In logic, words or phrases that connect clauses or sentences, such as conjunctions, disjunctions, and conditionals.
Affirming
The act of validating, confirming, or asserting something as true or valid, especially within the context of logical arguments.
Modus Ponens
A form of argument in logic that if a conditional statement ("if P then Q") is accepted, and the antecedent (P) holds, then the consequent (Q) can be concluded.
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