When considering the demand for money curve, the interest rate
A) is the price of holding money.
B) varies negatively with the transactions demand for money.
C) will have a positive relationship with the quantity of money demanded.
D) is independent of the opportunity cost of money.
Question 2
A steady-state equilibrium refers to:
A) an equilibrium in which the stock of physical capital remains constant over time.
B) an equilibrium in which the inequality remains constant over time.
C) an equilibrium in which the GDP per capita remains constant over time.
D) an equilibrium in which the poverty rate remains constant over time.
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