Which of the following determines how much money an individual will decide to hold?
a. Investment spending
b. Income taxes
c. The price level
d. The supply of money
e. Real GDP
C
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What will be an ideal response?
Offering product-specific services ________ consumer demand, shifting the market demand curve to the ________.
A) decreases; right B) increases; left C) increases; right D) decreases; left
The minimum amount of reserves the Fed requires a bank to hold
a. is the excess reserve requirement b. is the legal reserve requirement c. is the deposit requirement d. depends on the interest rate e. depends on the money supply
An upward shift in the Fed's policy reaction function corresponds to a ________ the aggregate demand curve and an increase in exogenous spending corresponds to a ________ the aggregate demand curve.
A. shift left of; movement up B. shift left of; shift right of C. movement up; shift right of D. shift right of; shift left of