According to the theory of liquidity preference, if output decreases
a. people want to hold more money. This response is shown as a movement along the money demand curve.
b. people want to hold more money. This response is shown as a shift of the money demand curve.
c. people want to hold less money. This response is shown as a movement along the money demand curve.
d. people want to hold less money. This response is shown as a shift of the money demand curve.
d
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Which of the following is true of the expenditure-based method of national accounting?
A) It does not track the purchase of goods and services by the government. B) It only tracks the purchase of goods and services by the government. C) It tracks the purchase of investment goods by firms and households. D) It does not track the purchase of services by households.
Which of the following is true of the quantity demanded of reserves?
A) The quantity demanded of reserves increases as the federal funds rate falls. B) The quantity demanded of reserves increases as the inflation rate increases. C) The quantity demanded of reserves is constant over time for almost every bank. D) The quantity demanded of reserves increases at a constant rate over time.
The nominal interest rate is 7 percent and the expected inflation rate is 4 percent. The real interest rate is:
A) 10 percent. B) -2 percent. C) 3 percent. D) 4 percent.
Which region in the New World received the smallest share of slaves?
a. Brazil b. Colonial America c. Spanish America d. French Caribbean