Author Question: The supply curve for money ________. A) is upward sloping with respect to interest rates B) is ... (Read 94 times)

Pea0909berry · **on:** Jun 30, 2018

The supply curve for money ________.

A) is upward sloping with respect to interest rates
B) is fixed to a specified interest rate
C) is fixed regardless of the interest rate
D) is downward sloping with respect to interest rates
E) none of the above

Question 2

Which of the following is not a correct characterization of the U.S. business cycle?

A) Employment is procyclical.
B) Consumption is procyclical.
C) Real wages are procyclical.
D) Prices are procyclical.