If interest rates rise, there will be a(n):
a. Increase in the asset demand for money
b. Increase in the total amount of money demanded
c. Decrease in the total amount of money demanded
d. Decrease in the total amount of money supplied
c. Decrease in the total amount of money demanded
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If total planned spending (E(p)) exceeds GDP, we expect that
A) inventories will be falling. B) inventories will be rising. C) GDP will be falling. D) government expenditures must be rising.
From 2004 to 2006, the Japanese budget was ________, private saving was ________ domestic investment, and foreign lending ________
A) in deficit, greater than, moderate B) balanced, roughly equal to, negligible C) balanced, less than, moderate. D) surplus, greater than, negligible
If a country is net exporter, free trade will hurt the ________.
A. poor citizens of the country B. domestic producers C. domestic consumers D. rich citizens of the country
On a straight line demand curve, total revenue is maximized where demand is unitary elastic.
Answer the following statement true (T) or false (F)