In the Keynesian money market, velocity is
a. negatively related to the interest rate.
b. independent of the interest rate.
c. positively related to the interest rate.
d. is positively related to the money supply.
e. is not related to the interest rate but income.
C
You might also like to view...
Which of the following factors has led to poor plan performance?
(a) unanticipated changes, such as in terms of trade. (b) corruption of government officials. (c) foreign firms are less subject to the constraints of the plan than domestic ones. (d) all of the above. (e) none of the above.
Which of the following is not a type of trade restriction?
a. low-interest loans to foreign buyers b. export subsidies for domestic firms c. domestic content requirements d. restrictive health and safety standards e. economies of scale