A Change in Interest Rates ________,While a Change in Income

question 142

Multiple Choice

A change in interest rates ________,while a change in income ________ the real money demand schedule.

• A)decreases;increases
• B)has a large effect on;has no effect on
• C)moves the economy along;shifts
• D)shifts;moves along

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Definitions:

Donee Beneficiary

A third party who benefits from a contract between two other parties, especially in cases where the contract is intended as a gift to the third party.

Second-party Beneficiary

A person or group that benefits from a contract, despite not being a direct party to that contract.

Anti-assignment Clause

A provision in a contract that prohibits the transfer of rights or delegation of duties by a party to the agreement without prior consent from the other party.

Debris

Dispersed pieces, usually from something that has been demolished or ruined.