The relationship between the velocity of money and interest rates is:
A. negative and stable.
B. negative but not stable.
C. positive but not stable.
D. positive and stable.
Answer: C
Economics
You might also like to view...
Suppose TC = 10 + (0.1 ? q2). If there are 100 identical firms in the market, the market supply curve is
A) Q = 1000 ? p. B) Q = 500 ? p. C) Q = 100 ? p. D) Q = 10.
Economics
What are the effects of a tariff, and who benefits and who loses when tariffs are imposed? What are the effects of a quota, and who benefits and who loses when quotas are imposed?
Economics