The demand curve for bonds has the usual downward slope, indicating that at ________ prices of the bond, everything else equal, the ________ is higher.

The demand curve for bonds has the usual downward slope, indicating that at ________ prices of the bond, everything else equal, the ________ is higher.



A) higher; demand
B) higher; quantity demanded
C) lower; demand
D) lower; quantity demanded




Answer: D


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