Solved

In the Liquidity-Preference Model, the Slope of the Money Supply

Question 56

Multiple Choice

In the liquidity-preference model, the slope of the money supply curve implies that


A) money demand varies directly with the nominal interest rate.
B) money supply varies directly with the nominal interest rate.
C) nominal interest rate has no effect on the money demand.
D) nominal interest rate has no effect on the money supply.

Correct Answer:

verifed

Verified

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

Related Questions