In the market for money, an interest rate below equilibrium results in an excess ________ money and the interest rate will ________
A) demand for; rise
B) demand for; fall
C) supply of; fall
D) supply of; rise
A
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If American demand for purchases of British goods has decreased, how would you expect the equilibrium exchange rate in the market for dollars to respond? Support your answer graphically
What will be an ideal response?
As of 2008, with which of the following countries did the U.S. not have a preferential trade agreement?
A) Mexico. B) Canada. C) Russia. D) Israel.
Which question is an illustration of a macroeconomic question?
A. Is a corporation unresponsive to the demands of its customers? B. Is a consumer boycott an effective means of reducing a product's price? C. How will the government's budget deficit be affected by public infrastructure projects? D. Are oil companies ripping off consumers by charging exorbitantly high prices for gasoline?
An effluent fee is more effective when imposed on
A) the firm or producer of the product which generates pollution. B) the consumer of the product. C) neither the producer nor the consumer of the product. D) the supplier of the raw material used by the firm.