On a given day the quantity of money is ________ and the supply of money curve is ________

A) fixed; horizontal
B) fixed; vertical
C) variable; horizontal
D) variable; vertical

B

Economics

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The work effect is a basic assumption of the ________ school; it states that ___________.

Fill in the blank(s) with the appropriate word(s).

Economics

The pharmaceutical industry depends on highly trained workers, who are abundantly available in India. The automobile industry depends on the availability of a large stock of physical capital with which the United States is well endowed. According to Heckscher-Ohlin theorem

A. the United States should import automobiles. B. the United States should export pharmaceuticals. C. India should import automobiles. D. India should export automobiles.

Economics