Liquidity preference theory indicates that at lower interest rates
A) investment is greater.
B) money demand is greater.
C) consumption is greater.
D) money supply is greater.
B
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Use a long-run average cost curve graph to illustrate how diseconomies of scale would not make it beneficial for two companies to go through with a merger
What will be an ideal response?
If households in the economy decide to take money out of checking account deposits and hold it as currency, this will initially
A) decrease M1 and not change M2. B) not change M1 and not change M2. C) not change M1 and increase M2. D) decrease M1 and decrease M2.
Other things the same, countries that offer more generous and longer-lasting unemployment insurance benefits are likely to have higher unemployment rates
a. True b. False Indicate whether the statement is true or false
Firms operating in perfectly competitive markets produce an output level where marginal revenue equals marginal cost
a. True b. False Indicate whether the statement is true or false