Given the level of real GDP, the equilibrium level of the interest rate depends on the
A) demand for money.
B) monetary-fiscal policy mix.
C) size of the multiplier.
D) extent of crowding out.
B
Economics
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A share of stock expected to pay an annual dividend of $10 forever has a market price of __________ when the Treasury bond rate is 6% and the stock has a risk premium of 4%
A) $100.00 B) $166.67 C) $250.00 D) $500.00
Economics
Economists generally do not agree to limit the private and voluntary actions of people, but, in the case of gambling, economists will admit that gambling
A. teaches people about statistics. B. is immoral, so it must be prohibited. C. is fun. D. has external costs, so regulation could be justified for that reason.
Economics