The quantity demanded of money is
A) inversely related to the interest rate.
B) directly related to the interest rate.
C) inversely related to the general price level.
D) inversely related to GDP.
E) a, c, and d
A
Economics
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Mary decides to buy a bond from Joe for $100. The money supply will
A) neither increase nor decrease. B) increase by more than $100. C) decrease by $100. D) increase by $100.
Economics
Pizza and hamburgers are substitutes for consumers. A fall in the price of a pizza ________ the price of a hamburger and ________ the quantity of hamburgers
A) raises; increases B) raises; decreases C) lowers; increases D) lowers; decreases
Economics