The equilibrium interest rate in a money market is determined by:
a. the rate of inflation
b. aggregate demand and aggregate supply.
c. money demand and money supply.
d. the Congress.
e. the Fed.
c
Economics
You might also like to view...
If the price level increases, but workers' money wage rates remain constant,which of the following is TRUE?
I. The quantity of labor demanded will increase. II. The real wage rate will decrease. III. The demand for labor curve shifts rightward. A) I only B) I and II C) II and III D) I, II and III
Economics
The demand for durable goods
A) declines by a greater percentage than does GDP during a recession. B) declines by a smaller percentage than does GDP during a recession. C) rises by a greater percentage than does GDP during a recession. D) has decreased over time.
Economics