If the price level increases, the
A) demand for money decreases.
B) quantity of money demanded increases.
C) quantity of money demanded decreases.
D) demand for money increases.
E) demand for money does not change and the quantity of money demanded does not change.
D
You might also like to view...
When you buy a corporate bond, you are
A. borrowing funds from the corporation. B. lending funds to the corporation. C. selling an ownership right in the corporation. D. acquiring an ownership right in the corporation. E. b and d
In an oligopolistic market,:
A. the larger the number of firms and the more elastic the demand, the greater the markup. B. the larger the number of firms and the less elastic the demand, the greater the markup. C. the smaller the number of firms and the less elastic the demand, the greater the markup. D. the smaller the number of firms and the more elastic the demand, the greater the markup.
According to the text, Ethiopia probably has a low per capita real Gross Domestic Product (GDP) because
A. it has a corrupt government. B. it has a low rate of saving. C. it has too many resources. D. there are too many skilled workers in the country.
Reserves demanded varies
a. inversely with both prices and output. b. inversely with prices and directly with output. c. directly with prices and inversely with output. d. directly with both prices and output.