If the price level increases, the money demand curve will
a. shift leftward
b. become steeper
c. remain in the same position; however, there will be movement upward along the curve
d. shift rightward
e. remain in the same position; however, there will be movement downward along the curve
D
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Based on the figure above, in which quarter or quarters did a peak occur?
A) between 2012, 2nd quarter to 2013, 2nd quarter and also between 2014, 2nd quarter to the end of the figure B) in 2013, 2nd quarter C) in 2014, 2nd quarter D) between 2013, 2nd quarter to 2014, 2nd quarter E) There are no peaks illustrated in the figure.
If a bank has a lot of long-term loans, it will probably want to reduce interest rate risk by encouraging __________-term deposits, especially of interest rates are expected to __________ in the future
A) long; rise B) long; fall C) short; rise D) short; fall