When the quantity of money supplied equals the quantity of money demanded, then
A) the goods market is in equilibrium.
B) the asset market is in equilibrium.
C) the money market is in equilibrium.
D) the money market is not in equilibrium.
B
Economics
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The idea that the demand for money is a function of both income and wealth is part of whose theory?
A) Baumol and Friedman B) the quantity theorists C) Keynes D) Tobin
Economics
Which of the following taxes is always regressive?
a. a property tax b. an income tax c. a corporate tax on profit d. a 25 percent tax on overtime wages e. a $2 tax on a ticket to the movies
Economics