Solved

Which One of the Following Statements Is Correct

Question 46

Multiple Choice

Which one of the following statements is correct?


A) The lower the interest rate,the higher the opportunity cost of holding assets in the form of money.
B) A vertical money supply curve means that the quantity of money supplied is independent of the interest rate.
C) The larger the supply of money,the higher the interest rate,all things equal.
D) Travelers checks and government bonds are equally liquid assets.
E) The transactions demand for money increases whenever the price level decreases.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents