Money, Interest Rates And Output

A. money supply curve
B. LM curve
C. money demand curve
D. IS curve

A. goods market for the given interest rate
B. goods market for the given level of government spending
C. money market for the given level of the money supply
D. money market for the given value of aggregate output

A. incomes
B. overseas investment
C. imports
D. interest rates

A. fiscal drag
B. investment blight
C. crowding-out
D. the Thatcher effects

A. a hyperinflation
B. a depression
C. stagflation
D. a recession

A. both monetary and fiscal policy are ineffective
B. monetary policy is effective but fiscal policy is ineffective
C. monetary policy is ineffective but fiscal policy is effective
D. both monetary and fiscal policy are effective

A. a reduction in the taxes banks pay on their profits.
B. an increase in the required reserve ratio
C. an increase in the discount rate
D. the Central bank buying government securities in the open market

A. the money and labor markets
B. the goods and labor markets
C. the goods market
D. the money markets

A. the goods and labor markets.
B. the goods market
C. the money markets
D. the money and labor market

A. a positive relationship between the interest rate and the quantity of money demanded
B. a negative relationship between the price level and the quantity of money demanded
C. a negative relationship between the level of aggregate output and the quantity of money demanded
D. a negative relationship between the interest rate and the quantity of money demanded