If the money interest rate is measured on the y-axis and the quantity of money is measured on the x-axis, the money supply curve is:（）
A: horizontal.
B: upward sloping to the upper right.
C: vertical.
A: horizontal.
B: upward sloping to the upper right.
C: vertical.
举一反三
- 中国大学MOOC: If a country produces good Y (measured on the vertical axis) and good X (measured on the horizontal axis), then the absolute value of the slope of its production possibility frontier is equal to _____________.
- The table above gives the quantity of money and money demand schedules. Suppose that the interest rate is equal to 6 percent. The effect of this interest rate in the money market is that A: the money market is in equilibrium. B: people buy bonds and the interest rate falls. C: people sell bonds and the interest rate falls. D: bond prices fall and so the interest rate falls.
- When the interest rate falls in the money market, the quantity of money demanded ________ and the quantity of money supplied ________. A: increases; decreases B: decreases; increases C: stays the same; decreases D: increases; stays the same
- If a firm takes the wage as given, then the supply curve of labor to that firm is A: horizontal. B: vertical. C: upward sloping. D: downward sloping.
- The quantity of real money balances demanded depends on the ____ A: nominal interest rate. B: rate of inflation. C: nominal money supply. D: price level.