Which of the following would be most likely to increase the quantity of money demanded?
a. A decrease in real income
b. An increase in real income
c. A decrease in the interest rate
d. An increase in the cost of converting other assets into money
e. An increase in the price level
C
Economics
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Human capital is the
A) machinery used by humans to produce GDP. B) technology used by humans to produce GDP. C) skill and knowledge accumulated by humans. D) plant and equipment produced by humans and not by machines.
Economics
A policy aimed at promoting the development of specific industries within a country that may increase domestic welfare through trade with the rest of the world is known as a(n):
A) infant-industry policy. B) key-industry policy. C) strategic trade policy. D) welfare-trade policy.
Economics