In Figure 15.2, at an interest rate of 9 percent, there is
A. An excess supply of money of $100 billion.
B. An excess supply of money of $200 billion.
C. Equilibrium in the money market.
D. An excess demand for money of $100 billion.
Answer: A
Economics
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Suppose the MPC is 0.8 in Canada and the MPC of Home goods is 0.55. If income increases by $100 million in Canada, then the increase in consumption of domestic goods will be:
a. $25 million. b. $80 million. c. $55 million. d. $35 million.
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When expectations cause people to discriminate against a certain group, it is referred to as:
A) preferential bias. B) implicit discrimination. C) statistical discrimination. D) taste-based discrimination.
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