Multiple Choice
In a graph where the interest rate is on the y- axis and the quantity of money is on the x- axis, a money supply curve that is independent of the interest rate is drawn as:
A) a 45 degree line from the origin.
B) an upward sloping line.
C) a vertical line.
D) a horizontal line.
Correct Answer:
Verified
Related Questions
Q118: A country's currency appreciates relative to a
Q119: An increase in the U.S. interest rate
Q120: When the Fed lowers the required reserve
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents