Which of the following does not cause the money demand curve to shift?
A) a change in the interest rate
B) a change in the price level
C) a change in transfer costs
D) a change in real GDP
Ans: A) a change in the interest rate
You might also like to view...
The political debate over joining NAFTA was especially contentious in the United States because Mexico's standard of living (including wage rates, labor standards, and environmental standards) is low relative to the U.S. standard of living
Indicate whether the statement is true or false
Principal-agent problems arise due to hidden product characteristics
Indicate whether the statement is true or false
Economy A: gross investment equals depreciation Economy B: depreciation exceeds gross investment Economy C: gross investment exceeds depreciation Other things equal, the above information suggests that the production capacity in economy:
a) B is growing more rapidly than either A or C. b) A is growing more rapidly than either B or C. c) A is growing less rapidly than economy B. d) C is growing more rapidly than economy B.
The prisoners’ dilemma is a famous game that demonstrates the basic problem confronting ______.
a. colluding oligopolists b. cartels c. non-colluding oligopolists d. perfect competitors