The money supply is
A) positively related to the interest rate
B) negatively related to the interest rate
C) positively related to income
D) negatively related to income
E) set by the Fed and therefore independent of the interest rate and income
Correct Answer:
Verified
Q21: The money supply curve is vertical because
A)
Q22: Q23: If the price level increases,the money demand Q24: Which of the following would lead to Q25: The money demand curve indicates the total Q27: If real income increases, Q28: If there is a decrease in the Q29: If the interest rate decreases,there will be Q30: Open market sales of bonds by the Q31: The classical model's theory of the interest
A) there will be
A)
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