Since the velocity of money increases as interest rates rise the
A) LM curve is negatively sloped.
B) IS curve is negatively sloped.
C) LM curve is positively sloped.
D) IS curve is positively sloped.
C
Economics
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Suppose the required reserve ratio is 10%, excess-to-deposit ratio is 10%, and the currency-to-deposit ratio is 20%. If the Fed buys $50 million worth of securities, what will happen to the money supply?
What will be an ideal response?
Economics
Public education is priced below market price largely as a result of
A) government subsidy programs. B) under-funded public education. C) rising test scores by students. D) taxpayers who contribute little to the funding of public education.
Economics