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Author Question: The supply of money curve is A) vertical because the quantity of money is fixed at any one ... (Read 40 times)

Alygatorr01285

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on: Jun 29, 2018
The supply of money curve is
 
  A) vertical because the quantity of money is fixed at any one moment.
  B) horizontal because interest rates are fixed at any one moment.
  C) horizontal because the Fed controls the quantity of money supplied.
  D) upward sloping, showing the influence of the interest rate.
  E) downward sloping, showing the negative influence of the interest rate.

Question 2

A rise in the value of a currency is called a(n)
 
  A) consolation. B) integration. C) appreciation. D) depreciation.


cloud

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


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