If the Interest Rate on CDs Rises from 5% to 10

question 173

Multiple Choice

If the interest rate on CDs rises from 5% to 10%, the opportunity cost of holding money will _____ and the quantity demanded of money will _____.

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

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Definitions:

Normal Saline

A sterile solution of sodium chloride in water, commonly used in medical settings for a variety of purposes, including hydration and wound cleaning.

Metabolic Acidosis

A disturbance in the body's acid-base balance resulting in a lower than normal blood pH due to increased acid or decreased bicarbonate.

Cheyne-Stokes

A pattern of breathing characterized by progressively deeper and sometimes faster breathing, followed by a gradual decrease that results in a temporary stop in breathing, commonly seen in heart failure and brain injuries.

Kussmaul's

Refers to Kussmaul breathing, a type of hyperventilation characterized by deep and labored breathing, often seen in cases of severe metabolic acidosis.