A decrease in the interest rate, other things being equal, causes a(n):
a. upward movement along the demand curve for money.
b. downward movement along the demand curve for money.
c. rightward shift of the demand curve for money.
d. leftward shift of the demand curve for money.
b
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In the game in Scenario 13.14,
A) R's dominant strategy is Q = 100; C has none. B) C's dominant strategy is Q = 100; R has none. C) Q = 100 is a dominant strategy for both R and C. D) Q = 100 dominates Q = 150 for both firms. E) the dominant strategy for both players is to choose the same level of output, so long as it is not 150.
In the labor negotiation game:
a. The payoffs are always higher if you accommodate b. The payoffs are always higher if your opponent accommodates c. The payoffs from accommodating are only higher if your opponent bargains hard d. The payoffs from accommodating are only higher if your opponent accommodates