Which of the following is an accurate difference between (A) high interest rates and (B) low interest rates?
a. (A) has lower use of short-term CDs; (B) has higher use of short-term CDs.
b. (A) has a high demand for money; (B) has a low demand for money.
c. (A) has an upward sloping demand curve for money; (B) has a downward sloping demand curve for money.
d. (A) has high opportunity costs for holding money; (B) has low opportunity costs for holding money.
d. (A) has high opportunity costs for holding money; (B) has low opportunity costs for holding money.
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Which is an example of "short selling"?
A) The public high school that offers a before-school breakfast program for twenty dollars a month, paid the first of each month B) The public high school theater group that sells out their rendition of Grease three days before opening night C) The for-profit high school ring company that requires payment in full from graduating seniors before producing the rings of their choice D) All of the above.
Refer to Figure 29-1. The depreciation of the dollar is represented as a movement from
A) B to C. B) B to A. C) D to C. D) A to C. E) A to B.
Assuming all else equal, an increase in the real interest rate will cause:
A) a leftward shift of the credit supply curve. B) a rightward shift of the credit supply curve. C) a downward movement along the credit supply curve. D) an upward movement along the credit supply curve.
A retailer buys goods worth $15,000 from a manufacturer and sells it for $18,250. He adds a value of ________ to the production process
A) $15,000 B) $3,250 C) $33,250 D) $18,250