________ in the money supply creates excess ________ money, causing interest rates to ________, everything else held constant
A) A decrease; demand for; rise
B) An increase; demand for; fall
C) An increase; supply of; rise
D) A decrease; supply of; fall
A
You might also like to view...
An exogenous increase in the country's trade balance shifts the
a. IS schedule to the left. b. IS schedule to the right. c. LM schedule to the left. d. LM schedule to the right.
For firms that sell one product in a perfectly competitive market, average revenue is:
A. calculated by total revenue divided by total output. B. equal to marginal revenue. C. equal to the market price. D. All of these are true.
At the point where the consumption function crosses the 45-degree line:
a. consumption is equal to disposable income, and therefore, saving is zero. b. consumption is less than income, and saving is present. c. consumption is greater than income, and dissaving is present. d. planned saving equals actual saving minus disposable income.
Recall the Application about the productivity of large infrastructure investments to answer the following question(s). According to the Application, what is the massive investment project did China recently embark on?
A. bullet trains B. irrigation C. stem cell research D. reforestation