If the price level falls, the
A) quantity of money demanded decreases.
B) quantity of money demanded increases.
C) demand for money does not change and the quantity of money demanded does not change.
D) demand for money increases.
E) demand for money decreases.
E
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In the long-run ISLM model and with everything else held constant, the long-run effect of an autonomous increase in investment is to ________ real output and ________ the interest rate
A) increase; increase B) increase; not change C) not change; increase D) not change; decrease
During the Federal Bank Holiday ordered by President Roosevelt
a. new supplies of gold were distributed to the banks. b. a national monetary commission was set up. c. the banks were inspected. d. the leadership of the Federal Reserve System was replaced.