When represented graphically,the government's demand for funds curve is
A) downward sloping
B) upward sloping
C) vertical
D) initially downward sloping,then upward sloping
E) initially rightward sloping,then downward sloping

Question

Quizplus · Accepted Answer

The government's demand for funds curve is typically vertical because the government borrows a fixed amount regardless of the interest rate.

When Represented Graphically,the Government's Demand for Funds Curve Is