This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If at the prevailing interest rate the quantity of money demanded is 2 trillion, and the supply of ... (Read 121 times)

CQXA

  • Hero Member
  • *****
  • Posts: 546
on: Jun 30, 2018
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
McKnight's Physical Geography: A Landscape Appreciation ¦ Hess, Tasa ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

potomatos

  • Sr. Member
  • ****
  • Posts: 338
Reply #1 on: Jun 30, 2018
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.
Answer Preview
Only 56% of students answer this correctly


CQXA

  • Member
  • Posts: 546
Reply 2 on: Jun 30, 2018
Excellent

LegendaryAnswers

  • Member
  • Posts: 341
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

The rate of evolution in short­ and long­lived plants The rate of evolution in short­ and long­lived plants
blood supply blood supply
Schematic drawing of a permeation test cell used to measure the permeation rate of chemicals through ... Schematic drawing of a permeation test cell used to measure the permeation rate of chemicals through ...
How to calculate compound interest (Part 2) How to calculate compound interest (Part 2)
Daniel's Enterprises has a beta of 1.98 and a growth rate of 12 percent. The stock is ... Daniel's Enterprises has a beta of 1.98 and a growth rate of 12 percent. The stock is ...
Grade 1 learn Canadian money Grade 1 learn Canadian money
Video: Female Reproductive System - Hormonal regulation (GnRH) الجهاز التناسلي للأنثى - التنظيم الهرموني

For a complete list of videos, visit our video library