A decrease in the interest rate will
A. increase the demand for money alone.
B. increase the demand for money and decrease the supply of money.
C. change neither the demand nor the supply of money; rather it will only affect the quantity demanded and quantity supplied.
D. decrease the demand for money and increase the supply of money.
Answer: C
Economics
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Which of the following is not a problem for less-developed countries?
a. Poor health and nutrition. b. Shortages of labor. c. High unemployment rates. d. Low labor productivity. e. low life expectancy
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A decrease in the unemployment rate will shift the production possibilities frontier outward from the origin.
Answer the following statement true (T) or false (F)
Economics