In the market for reserves, when the federal funds interest rate is below the discount rate, the supply curve of reserves is

Because the quantity theory of money tells us how much money is held for a given amount of aggregate income, it is also a theory of

A) interest-rate determination. B) the demand for money. C) exchange-rate determination. D) the demand for assets.

As one moves downward on an indifference curve, the:

a. total utility from the consumption of a good decreases. b. total utility from the consumption of a good increases. c. the total satisfaction from consumption remains the same. d. the marginal utility from the consumption of a good increases. e. the total satisfaction from consumption decreases.