8. a. (2 pts) The amount of money you should hold depends negatively on the interest rate.

T/F Because :

8.b. (2 pts) A decrease in nominal income will lead to an increase in the interest rate.

T/ F Because:

8. c. (2 pts) If the Fed buys securities on the open market, it will decrease the money supply.

T/ F Because:

8. d. (2 pts) A decrease in the discount rate decreases the money supply.

T/ F Because:

8. e. (2 pts) When you use money to fill your car with gas every week, you are using money as a unit of account.

T/ F Because: