Multiple Choice
Which of the following is NOT considered an important determinant of money demand?
A) The average personal income tax rate
B) Real income
C) Payments system developments
D) The difference between the nominal interest rate and the yield on money
Correct Answer:
Verified
Correct Answer:
Verified
Q6: The liquidity preference theory emphasizes<br>A)the transactions motive
Q7: Stephen Goldfeld's estimate of the demand for
Q8: Keynes assumed that the expected return on
Q9: Why do economists and policy-makers view fluctuations
Q10: Fluctuations in velocity indicate that<br>A)changes in money
Q12: From 1959 to 1989, M2 velocity<br>A)declined sharply.<br>B)increased
Q13: Which of the following would cause demand
Q14: Irving Fisher converted the equation of exchange
Q15: Which model of the demand for real
Q16: The American economist who developed the quantity