If the interest rate decreases, there will be
a. a movement leftward from one point on the money demand curve to another point on the same curve
b. no change in the quantity of money demanded
c. a leftward shift of the entire money demand curve caused by a demand shock
d. a rightward shift of the entire money demand curve
e. a movement rightward from one point on the money demand curve to another point on the same curve
E
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In economics, the term "free market" refers to a market where products are traded but not sold
Indicate whether the statement is true or false
Under monopolistic competition, firms produce ________ products and have long-run profits that are ________ (net of fixed costs).
A. differentiated; positive B. differentiated; close to zero C. homogenous; positive D. homogenous; close to zero
Which policy measure bans spinning?
A) Sarbanes-Oxley Act of 2002 B) Global Legal Settlement of 2002 C) Gramm-Leach-Bliley Act of 1999 D) Riegle-Neal Act of 1994
The theory of liquidity preference is most helpful in understanding
a. the wealth effect. b. the exchange-rate effect. c. the interest-rate effect. d. misperceptions theory.