1. If a bank gives you a small business loan, the loan is

A. an asset to both you and the bank.

B. an asset to you, but liability to the bank.

C.a liability to both you and the bank.

D.a liability to you, but liability to the bank.

2.If nominal GPD decreases, then which of the following must also decrease

the quantity of money

the velocity of money

with the quantity of money or the velocity of money

both the quantity of money and the velocity of money