Refer to the given information. If nominal GDP is $200 and the interest rate is 6 percent, the total amount of money that households and businesses will want to hold is:





Answer the question on the basis of the following information. For transactions, households

and businesses want to hold an amount of money equal to one-half of nominal GDP. The table

shows the amounts of money they want to hold as an asset at various interest rates.



A.  $120.

B.  $140.

C.  $160.

D.  $180.


C.  $160.

Economics

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In bringing an economy out of a recession, a government will often resort to ________ fiscal policies, which often results in budget deficits

A) conservative B) innovative C) contractionary D) expansionary

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A market in which there are many sellers who sell differentiated products is called

A) perfect competition. B) monopolistic competition. C) monopoly. D) oligopoly.

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By 2011, how much had U.S. housing prices declined from their peak in 2006?

A) 2 percent B) 33 percent C) 40 percent D) 50 percent

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If a nation is going to achieve and sustain a high rate of economic growth, it must

What will be an ideal response?

Economics