Author Question: In October of 20142, the interest rate on money market accounts was about 0.2 percent. In 2007, the ... (Read 77 times)

joe

  • Hero Member
  • *****
  • Posts: 627
In October of 20142, the interest rate on money market accounts was about 0.2 percent. In 2007, the interest rate on money market accounts was about 4.0 percent.
 
  What has been the impact on the demand for money curve from this fall in the interest rate? A) the money demand curve shifted to the right
  B) the money demand curve shifted to the left
  C) there was a downward movement along the demand for money curve
  D) there was an upward movement along the demand for money curve

Question 2

Competitive markets will generally produce
 
  A) too much of a public good.
  B) too little of a public good.
  C) the efficient amount of a public good.
  D) the efficient amount of a public good in the short run, but not in the long run.



mcinincha279

  • Sr. Member
  • ****
  • Posts: 316
Answer to Question 1

C

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

For a complete list of videos, visit our video library