Author Question: The supply of money is depicted as an upward sloping line that depends directly on the interest ... (Read 96 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?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

For a complete list of videos, visit our video library