The income flow in the form of resource payments from firms to households, and in the form of revenue from households to firms, is known as the circular flow of money

In October of 20142, the interest rate on money market accounts was about 0.2 percent. In 2007, the interest rate on money market accounts was about 4.0 percent

What has been the impact on the demand for money curve from this fall in the interest rate? A) the money demand curve shifted to the right B) the money demand curve shifted to the left C) there was a downward movement along the demand for money curve D) there was an upward movement along the demand for money curve

"The Big Tradeoff" refers to the effect of redistribution on efficiency

Indicate whether the statement is true or false