Question: Kindly determine whether each statement is TRUE or FALSE and if the statement is false, Kindly explain briefly and make the statement correct. a. The

Kindly determine whether each statement is TRUE or FALSE and if the statement is false, Kindly explain briefly and make the statement correct.

a. The term investment, as used by economists refers to the purchase of bonds and shares of stock.

b. The demand for money does not depend on the interest rate because only bonds earn interest.

c. Bond prices and interest rates always move in opposite directions.

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