The quantity equation makes the demand for money depend on
A) the unemployment rate and the level of interest rates.
B) the inflation rate and the unemployment rate.
C) interest rates and the unemployment rate.
D) None of these.
D
You might also like to view...
The mean household income is
A) the income that separates households into two equal groups. B) the most common household income. C) the percentage of total income received by the richest 20 percent of households. D) the average household income.
If the federal government tries to make fiscal policy sustainable by increasing seigniorage, the economy would experience ________ and will result in ________ potential GDP
A) a decrease in the growth rate of the money supply; lower B) an increase in the growth rate of the money supply; higher C) an increase in inflation; lower D) a decrease in the real interest rate; higher