On a diagram wherein the interest rate and the quantity of money demanded are shown on the vertical and horizontal axes respectively, the transactions demand for money can be represented by:
A)a line parallel to the horizontal axis.
B)a vertical line.
C)a downward sloping line or curve from left to right.
D)an upward sloping line or curve from left to right.

Question

Quizplus · Accepted Answer

The Answer of On a diagram wherein the interest rate and the quantity of money demanded are shown on the vertical and horizontal axes respectively, the transactions demand for money can be represented by:
A)a line parallel to the horizontal axis.
B)a vertical line.
C)a downward sloping line or curve from left to right.
D)an upward sloping line or curve from left to right.

On a Diagram Wherein the Interest Rate and the Quantity