Author Question: The supply of money is depicted as an upward sloping line that depends directly on the interest ... (Read 94 times)

bobbysung

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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
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Answer to Question 1

False

Answer to Question 2

True



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