The money demand curve will shift to the right if:
A. ATM machines are introduced.
B. the price level decreases.
C. real income increases.
D. the nominal interest rate increases.
Answer: C
You might also like to view...
The figure above shows supply curves for soft drinks. Suppose the economy is at point a. A movement to point d would be the result of
A) an increase in technology. B) a decrease in the relative price of a soft drink. C) an increase in the relative price of a soft drink. D) an increase in the number of soft drink suppliers.
If only one firm operates in a market, and a potential entrant is blockaded from entering the market, then the incumbent firm must
A) have acted to prevent entry. B) be pricing where price equals marginal cost. C) be a natural monopoly. D) be the Stackelberg leader.
Probably the simplest approach to the problem of oligopolistic interdependence is to
a. conduct market experiments. b. assume that rivals will pursue a course most detrimental to the firm concerned. c. ignore the actions of rivals. d. increase the firm's advertising outlay considerably.
The purchase of a virtual item from an online company with a virtual currency causes the nation's:
a. Monetary base to rise. b. M2 money supply to rise. c. M2 money multiplier to remain the same. d. Monetary base to fall.