Changing the rate at which the central bank makes loans counts as:

Long-run cost functions are estimated using

A) time-series regression analysis. B) cross-sectional regression analysis. C) cost accounting data. D) None of the above

When the money market is drawn with the value of money on the vertical axis, as the price level decreases, the value of money

a. increases, so the quantity of money demanded increases. b. increases, so the quantity of money demanded decreases. c. decreases, so the quantity of money demanded decreases. d. decreases, so the quantity of money demanded increases.