The asset demand for money and the rate of interest are:
a. Unrelated
b. Directly related
c. Both stable
d. Inversely related
d. Inversely related
You might also like to view...
What is the source of the demand for loanable funds in the open-economy macroeconomic model?
In Figure 1.1, which labeled point indicates that there are insufficient resources or technology to produce the combination of goods represented by that point?
A. only A B. only B and C C. only D D. A, B, and C
An increase in price will result in a decrease in the quantity supplied.
a. true b. false
The consumption function shows how much
A. households plan to consume per year at each level of savings. B. real disposable income people will earn at each income tax bracket. C. households plan to consume per year at each level of real disposable income. D. households plan to consume per year at each possible interest rate.