Which of the following will reduce the velocity of circulation of the money stock?
a. The inflation rate increases.
b. The interest rate falls.
c. Credit cards are used more frequently.
d. More employees are paid once a week instead of once a month.
b
Economics
You might also like to view...
Refer to the payoff matrix below, which ________ a prisoner's dilemma. If both countries go it alone, Home will choose Policy ________ and Foreign will choose Policy ________
A) is; 1; A B) is; 2; B C) is; 1; B D) is not; 2; B E) is not; 1; A
Economics
In the federal funds market, _____
a. banks make loans to the Fed b. banks make short-term loans to other banks c. banks make long-term loans to other banks d. the Fed makes short-term loans to private borrowers e. the Fed makes long-term loans to commercial banks
Economics