A decrease in the interest rate will ________.
A. have no effect on the quantity of money supplied in the economy
B. increase the quantity supplied of money at an increasing rate
C. decrease the quantity of money supplied in the economy
D. increase the quantity of money supplied in the economy
Answer: A
You might also like to view...
Which type of cost is does not change as the quantity of output produced changes?
A) total cost B) average cost C) fixed cost D) marginal cost
As the level of competition in an industry increases, the price-cost margin approaches:
A) 0. B) 1. C) 10. D) infinity.
In both New Zealand and Canada, what has happened to the unemployment rate since the countries adopted inflation targeting?
A) The unemployment rate increased sharply. B) The unemployment rate remained constant. C) The unemployment rate has declined substantially after a sharp increase. D) The unemployment rate declined sharply immediately after the inflation targets were adopted.
The slope of the consumption function shows how _____
Fill in the blank(s) with the appropriate word(s).