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Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
النسخة 20الرقم المعياري الدولي: 978-0077660772Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
النسخة 20الرقم المعياري الدولي: 978-0077660772 تمرين 17
Curve D a slopes downward because:
A) lower interest rates increase the opportunity cost of holding money.
B) lower interest rates reduce the opportunity cost of holding money.
C) the asset demand for money varies directly (positively) with the interest rate.
D) the transactions-demand-for-money curve is perfectly vertical.
A) lower interest rates increase the opportunity cost of holding money.
B) lower interest rates reduce the opportunity cost of holding money.
C) the asset demand for money varies directly (positively) with the interest rate.
D) the transactions-demand-for-money curve is perfectly vertical.
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Hence, the correct answer is b. lower in...
Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
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