This topic contains a solution. Click here to go to the answer

Author Question: If at the prevailing interest rate the quantity of money demanded is 2 trillion, and the supply of ... (Read 53 times)

CQXA

  • Hero Member
  • *****
  • Posts: 546
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


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
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
:D TYSM


mohan

  • Member
  • Posts: 362
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

For a complete list of videos, visit our video library