Suppose you earn $4,800 a month and spend exactly $160 in each of the 30 days. If you deposit $1, 600 into your checking account on the first day, eleventh day, and twenty-first day of the month, then your average quantity of money demanded is

Along the IS curve, which of the following markets are in equilibrium?

A) the money and forex markets B) the goods and forex markets C) the goods and money markets D) the goods, money, and forex markets

The elasticity of demand is constant along a downward sloping straight-line demand curve

Indicate whether the statement is true or false