Which of the following would decrease the value of money?
a. Money demand exceeds money supply
b. The Federal Reserve sells government bonds
c. The velocity of money decreases
d. The price level decreases
a
You might also like to view...
In 2009, our goods and services trade deficit was almost $______ billion.
A. 300 B. 400 C. 500 D. 600
If the random walk theory is correct, then is there any way to "beat the market"?
What will be an ideal response?
A geometric representation of the distribution of income is referred to as
A. the Lorenz curve. B. the labor supply curve. C. the Phillips curve. D. the Keynesian cross.
A major source of inefficiency in barter economies is that they require
A) a standard of deferred payment to make trade possible. B) more liquid stores of value than do monetary economies. C) a double coincidence of wants in exchange. D) All of the above are correct.