Which of the following would lead to a rightward shift of the money demand curve?
a. Expectations that the interest rate will fall
b. New substitutes for money become popular
c. The use of electronic money increases
d. Substitutes for money become less popular
e. The use of credit cards increases
D
You might also like to view...
People consume more soup as temperatures falls. So, as cold weather approaches,
A) the demand for soup increases. B) people move farther beyond their demand curves. C) the quantity of soup demanded increases. D) people move closer to their demand curve for sou
"Free riding" is a characteristic of which type of good?
A) a private good B) a good that is both rival and excludable C) a public good D) a common resource
For network externalities to occur
A) the government has to create new laws. B) deadweight loss must be minimized. C) there must be a critical mass of users. D) there must be a positive benefit to society.
In a cartel, participating members can cheat by
A) letting more entrants join the cartel. B) leaving the industry. C) producing a lower production level than the cartel quota. D) charging a slightly lower price and raising production.