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If the Supply of Money Curve Is Drawn as a Vertical

Question 58

Multiple Choice

If the supply of money curve is drawn as a vertical line with interest rate in the vertical axis, it means that:


A) money supply decreases as the rate of interest increases.
B) money supply increases as the rate of interest increases.
C) money supply decreases as the rate of interest decreases.
D) money supply remains unchanged as the interest rate changes.

Correct Answer:

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