Which of the following would lead to a rightward movement along a stationary money demand curve?
a. A decrease in the interest rate
b. A decrease in the price level
c. An increase in the interest rate
d. An increase in the price level
e. An increase in real income
A
You might also like to view...
In the neoclassical growth model, if two countries are exactly the same but one has a higher savings rate, we would expect that country to have
a. higher output, a higher capital-to-labor ratio, and higher output growth in the steady state. b. higher output, a higher capital-to-labor ratio, and the same output growth in the steady state. c. the same output and capital-to-labor ratio, but higher output growth in the steady state. d. higher output, the same capital-to-labor ratio, and the same output growth in the steady state.
The individual demand curve for an input such as labor to a firm would be the downward sloping portion of the firm's
A) marginal physical product curve. B) marginal revenue product curve. C) marginal revenue curve. D) total revenue curve.