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Author Question: The demand for money curve is drawn A) holding several things constant, including the price level ... (Read 78 times)

Deast7027

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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

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

C


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