The real interest rate can be thought of as
A) the price of current consumption relative to future consumption.
B) the price of current consumption completely smoothed over a lifetime.
C) the price of future consumption smoothed completely over a lifetime.
D) the price of current consumption divided by the price of current saving.
A
Economics
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When the money market is drawn with the value of money on the vertical axis, as the price level decreases the quantity of money
a. demanded increases. b. demanded decreases. c. supplied increases. d. supplied decreases.
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