State the definition for the slope of a straight line graph
Please provide the best answer for the statement.
The ratio of the vertical change (the rise or fall) to the horizontal change (the run) in moving between two points on the line is called the slope of the line. The slope of an up sloping line is positive, reflecting a direct relationship between two variables; the slope of a down sloping line is negative, reflecting an inverse relationship.
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In the aggregate demand and aggregate supply model, an increase in the growth rate of the velocity of money differs from an increase in money supply growth rate in that:
A. the SRAS curve will eventually shift back to its original position after an increase in money supply growth. B. the AD curve will eventually shift back to its original position after an increase in velocity growth. C. the SRAS curve will eventually shift upwards after an increase in velocity growth. D. the AD curve will eventually shift back to its original position after an increase in money supply growth.
What is the potential money multiplier if the reserve requirement is 4%?
a) 2.5 b) 4 c) 14 d) 25