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Author Question: If money demand is extremely sensitive to changes in the interest rate, the money demand curve ... (Read 178 times)

abarnes

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on: Jun 29, 2018
If money demand is extremely sensitive to changes in the interest rate, the money demand curve becomes almost horizontal. If the Fed expands the money supply under these circumstances, then the interest rate will
 
  A) change very little and investment and consumer spending will change very little.
  B) rise substantially and investment and consumer spending will rise substantially.
  C) fall substantially and investment and consumer spending will fall substantially.
  D) fall substantially and investment and consumer spending will change very little.

Question 2

What does a Lorenz curve illustrate?
 
  A) the change over time in the percentage of households with incomes that place them below the poverty line
  B) the share of taxes paid by different groups of households
  C) the distribution of income within a country in a given time period
  D) a comparison of the distribution of income in two different countries
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
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pangili4

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Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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abarnes

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

olderstudent

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Reply 3 on: Yesterday
Excellent

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