The money market achieves equilibrium when
a. individuals no longer want to spend their money
b. the price of bonds rises by an appropriate amount
c. buyers and sellers agree on a price for commodities
d. speculative balances are reduced to a minimum
e. individuals who hold bonds are satisfied with what they are holding
E
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The FE line
A) is horizontal. B) is vertical. C) slopes downward. D) slopes upward.
If the boxing match will be the "fight of the century" which has dramatically increased Sally's payoffs for going to the fights, even without Sam, and Sam knows that, what would the Nash equilibrium be now?
a. Boxing, boxing b. Ballet, ballet c. Ballet, boxing d. Boxing, boxing
Which of the following could not be expected to shift the aggregate demand curve?
A. net exports fall B. consumption spending decreases C. an increase in government spending D. a change in real GDP
The slope of a curve measures:
A. the change in the vertical variable in response to the change in the horizontal variable. B. the length of the curve. C. only the change in the horizontal variable. D. only the change in the vertical variable.