« previous next »

Author Question: The demand for money curve is drawn A) holding several things constant, including the price level ... (Read 92 times)

Deast7027

  • Hero Member
  • *****
  • Posts: 538
on: Jun 30, 2018
The demand for money curve is drawn
 
  A) holding several things constant, including the price level and interest rates.
  B) with interest rates on the vertical axis and the curve sloping down since lower interest rates mean the price of holding money has fallen.
  C) holding several things constant, including GDP and interest rates.
  D) with interest rates on the horizontal axis, and the curve sloping up since the price of holding money varies directly with the interest rate.

Question 2

Economics is the study of
 
  A) the role of money in markets.
  B) how government officials decide which goods and services are produced.
  C) how society uses limited resources.
  D) how to invest in the stock market.


Chou

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

Your heart beats over 36 million times a year.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Zonal wind speeds on Uranus. Shaded areas show the southern collar and its future northern counterpa Zonal wind speeds on Uranus. Shaded areas show the southern collar and its future northern counterpa
Francis Thackeray holding Sterkfontein 5 (STS 5), a presumed female Australopithecus africanus. Francis Thackeray holding Sterkfontein 5 (STS 5), a presumed female Australopithecus africanus.
(a) The Dmanisi cranium (right) shows similarities to early African H. erectus including the Narioko (a) The Dmanisi cranium (right) shows similarities to early African H. erectus including the Narioko
Reaction at constant-pressure Reaction at constant-pressure
The Nile Delta will be strongly affected by a rise in sea level of 50 cm The Nile Delta will be strongly affected by a rise in sea level of 50 cm
Bacteria growth curve Bacteria growth curve
Video: Inflammation Animation

For a complete list of videos, visit our video library