The money market model is concerned with ________ and the loanable funds market model is concerned with ________
A) short-term nominal interest rates; long-term real interest rates
B) short-term nominal interest rates; long-term nominal interest rates
C) short-term real interest rates; long-term nominal interest rates
D) short-term real interest rates; long-term real interest rates
A
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A firm operating with diminishing total returns cannot be profit maximizing
What will be an ideal response?
Suppose the price level in the United States falls while price levels elsewhere in the world remain unchanged. Our demand for imports would rise and our demand for domestic goods would fall
Indicate whether the statement is true or false
If accompanied by decreased investment, increased saving is both inevitable and desirable
Indicate whether the statement is true or false
Answer the question on the basis of the following data. All figures are in billions of dollars. Proprietor's Income 20 Compensation of Employees 300 Consumption of Fixed Capital 15 Gross Investment 80 Rents 10 Interests 20 Exports 30 Imports 50 Corporate Profits 25 Taxes on Production and Imports 5 Net Foreign Factor Income 0 Statistical Discrepancy 0 Refer to the above data. National income is:
a) $395. b) $380. c) $375. d) $360.