Author Question: The supply of money is depicted as an upward sloping line that depends directly on the interest ... (Read 95 times)

bobbysung

  • Hero Member
  • *****
  • Posts: 519
The supply of money is depicted as an upward sloping line that depends directly on the interest rate.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The demand for money was high in the year 2015 when the interest rate on savings deposits and time deposits was close to zero.
 a. True
  b. False
  Indicate whether the statement is true or false



Pariscourtney

  • Sr. Member
  • ****
  • Posts: 352
Answer to Question 1

False

Answer to Question 2

True



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

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

Did you know?

Your heart beats over 36 million times a year.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

For a complete list of videos, visit our video library