When some forms of money start to pay interest, then along with a rise in real output it takes a ________ rise in the market interest rate than before to hold the demand for money equal to its supply, which is to say that the LM curve has become
________. A) larger, steeper
B) larger, flatter
C) smaller, steeper
D) smaller, flatter
A
Economics
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The so-called G-8 is one group that sometimes influences the exchange rates between major currencies. For example, in 2000 the G-8 governments agreed to sell U.S. dollars in order to:
A. Counter the depreciation of the euro B. Counter the depreciation of the U.S. dollar C. Support the appreciation of the Swiss franc D. Support the appreciation of the Japanese yen
Economics
Which of the following reasons describes the fundamental barrier to entry for the monopoly in the figure?
A) monopoly resources B) government regulation C) the production process D) Both a and b are correct.
Economics