If the propensity to hold money is 6 and the money supply is 12, then the classical aggregate demand curve is

a. P = 2Y
b. P/Y = 48
c. P = 1/(2Y)
d. P = 2/Y

D

Economics

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Product differentiation involves making a product that is

A) slightly different from the products of competing firms. B) no different than the products of competing firms. C) very different from the products of competing firms. D) completely different from the products of competing firms. E) cheaper than the products of competing firms.

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Futures trading practices in the United States are regulated by

A) the Chicago Board of Trade. B) the Chicago Mercantile Exchange. C) the Commodities Futures Trading Commission. D) the Board of Futures Trading.

Economics