All of the following are determinants of money demand except
A) the cost of transferring funds from interest earning assets to checking accounts.
B) expectations about the future price level.
C) the money supply.
D) Real GDP.
Ans: C) the money supply.
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The long-run aggregate supply curve will shift to the left when
A) technology improves. B) new sources of oil are discovered. C) the price level increases. D) population decreases.
Provide an example of each allocation method that illustrates when it works well
What will be an ideal response?
Government policies designed to change the distribution of income to one that is more equal involve taking from the rich and giving to the poor
a. True b. False Indicate whether the statement is true or false
The interest rate that banks charge one another for the loan of excess reserves is the:
A. Prime interest rate B. Federal funds rate C. Discount rate D. Interest on reserves