If the horizontal axis measures the quantity of bank reserves and the vertical axis measures the interest rate, the demand curve for bank reserves ________

A) slopes up B) is perfectly elastic
C) slopes down D) is perfectly inelastic

C

Economics

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In which of the following periods did average labor productivity in the United States grow the fastest?

A) 1929 to 1935 B) 1949 to 1973 C) 1973 to 1995 D) 1995 to 2008

Economics

Once macroeconomic equilibrium has been established in an economy, there is no tendency for real GDP to change, even if there is a change in autonomous expenditure

a. True b. False Indicate whether the statement is true or false

Economics