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Author Question: If at the prevailing interest rate the quantity of money demanded is 2 trillion, and the supply of ... (Read 52 times)

CQXA

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If at the prevailing interest rate the quantity of money demanded is 2 trillion, and the supply of money is 1.5 trillion, then which of the following istrue?
 a. There is a shortage of money, and consequently interest rates must fall in order to achieve an equilibrium in the money market.
  b. There is a surplus of money, and consequently interest rates must fall in order to achieve an equilibrium in the money market.
  c. There is shortage of money, and consequently interest rates must rise in order to achieve an equilibrium in the money market.
  d. There is a surplus of money, and consequently interest rates must rise in order to achieve an equilibrium in the money market.

Question 2

The classical economists believed there was no role for government to play in restoring full employment.
 a. True
  b. False
  Indicate whether the statement is true or false


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potomatos

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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CQXA

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


coreycathey

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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