« previous next »

Author Question: The demand for money curve is drawn A) holding several things constant, including the price level ... (Read 90 times)

Deast7027

  • Hero Member
  • *****
  • Posts: 538
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

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Emphysema. (a) Illustration comparing normal lungs and emphysemic lungs. The inserts illustrate how Emphysema. (a) Illustration comparing normal lungs and emphysemic lungs. The inserts illustrate how
An excisor (cutter) in Uganda holding the razor blades she is about to use to circumcise teenage ... An excisor (cutter) in Uganda holding the razor blades she is about to use to circumcise teenage ...
Unregulated populations "J-shaped curve" Unregulated populations "J-shaped curve"
Taxonomy of all living things Taxonomy of all living things
You make 4 semi-annual deposits starting at $350 and increasing at a constant rate of 2.14%. ... You make 4 semi-annual deposits starting at $350 and increasing at a constant rate of 2.14%. ...
Time value money Time value money
Video: Rh blood type and complications during pregnancy & Fertilization

For a complete list of videos, visit our video library