Suppose the money demand function is
 MD = P× [(0.25 ×Y) ? (100 ×i)],where Y is expressed in billions of dollars and i is expressed in percentage points. The term [(0.25 ×Y) ? (100 ×i)] is called

A. the nominal money-demand function.
B. the nominal money-supply function.
C. the real money-supply function.
D. the real money-demand function.


Answer: D

Business

You might also like to view...

When an agency is terminated by the bankruptcy of the principal, it is known as termination by ____________________

Fill in the blank(s) with correct word

Business

Which of the following is NOT a type of total cost of ownership cash flow?

a. Acquisition b. Ownership c. End of life d. Inventory

Business

Cotton Brokers, Inc., enters into a contract to sell denim clothing to Delite Natural Fashion store, which in turn sells a pair of jeans to Esmé, a consumer. In comparison to standards that apply to consumers, the UCC imposes on merchants

A. less strict legal standards. B. special business standards. C. stricter ethical standards. D. the same overall standards.

Business

What are some of the advantages of a declaritive language like SQL?

What will be an ideal response?

Business