The demand curve for investment depicts:
a. an inverse relationship between interest rate and aggregate demand.
b. an inverse relationship between interest rate and investment
c. an inverse relationship between price level and real GDP.
d. a direct relationship between interest rate and quantity of money.
e. a direct relationship between aggregate demand and real GDP.
b
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Which of the following futures contracts is available on the various commodity exchanges in the United States?
A) Treasury bond futures B) Investment-grade bonds C) Over-the-counter stocks D) U.S. savings bonds
The primary differences in economic structure among different countries relate to ownership of resources and the manner in which economic activities are coordinated
a. True b. False
Monopolists, unlike perfectly competitive firms, can continue to earn positive economic profits over time
a. True b. False Indicate whether the statement is true or false
The closer the industry concentration ratio is to 100, the more likely it is that
A. there are a reasonably large number of medium-sized firms. B. this is an industry approaching perfect competition. C. there is a small number of large firms. D. price competition is being practiced.