Based on the model of the money market, when real GDP increases, the equilibrium interest rate should

A) stay the same.
B) increase.
C) decrease.
D) increase to the same extent that the supply of money increases.

B

Economics

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Refer to Table 8-11. Real GDP for Tyrovia for 2016 using 2007 as the base year equals

A) $1,140. B) $880. C) $690. D) $560.

Economics

A firm's total cost of production

a. always increases as it produces more output b. can increase or decrease as it produces more output c. increases at a decreasing rate as long as it produces more output d. is fixed in the short run, because inputs are fixed in the short run e. can be minimized by producing where the firm's demand curve crosses the horizontal axis

Economics