Keynes argued that the downward slope of the demand for money curve depends on the:
a. equation of exchange.
b. rate of interest.
c. federal funds rate.
d. discount rate.
b
You might also like to view...
During the antebellum period, two systems of land use emerged—the self-sufficient system of the North, which did not rely on specialization, and the specialized system of the South, which concentrated the use of slaves
Indicate whether the statement is true or false
Today, people changed their expectations about the future. This change
a. can cause a movement along a demand curve. b. can affect future demand but not today's demand. c. can affect today's demand. d. cannot affect either today's demand or future demand.
What is the best method to avoid becoming defensive when receiving feedback?
If Rhonda wants to help her country’s economy grow, she will see the best results by encouraging her leaders to invest in ______.
a. cars b. education c. household appliances d. sports equipment