Higher interest rates tend to increase the demand for money.

a. true
b. false


Ans: b. false

Economics

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Any change that causes a decrease in the demand for labor at a given wage rate will be represented by a(n) ________, assuming all else equal

A) rightward shift in the labor demand curve B) downward movement along the labor demand curve C) upward movement along the labor demand curve D) leftward shift in the labor demand curve

Economics

________ when its inventory increases

A) A firm's total product curve is likely to shift upward B) A firm's labor demand curve is likely to shift to the left C) A firm's cost curve is likely to shift downward D) A firm's labor demand curve is likely to shift to the right

Economics

The concept of minimizing the number of physical units of the inputs needed for a given amount of output is known as

a. technical efficiency. b. the principle of diminishing marginal returns. c. economic efficiency. d. decreasing returns to scale.

Economics

Suppose the required reserve ratio is 10%, excess-to-deposit ratio is 10%, and the currency-to-deposit ratio is 20%. If the Fed buys $50 million worth of securities, what will happen to the money supply?

What will be an ideal response?

Economics