• 2022-05-31
    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.
  • C

    内容

    • 0

      Because the productivity of labor decreases as the quantity of labor employed increases, A: the quantity of labor a firm demands increases as the real wage rate decreases. B: the quantity of labor a firm demands increases as the money wage rate decreases. C: the labor demand curve shifts right as the real wage rate decreases. D: the aggregate production function shifts upward as the real wage rate decreases.

    • 1

      An increase in the nominal interest rate (名义利率上升——中文由在线翻译而来,仅供参考) A: shifts the demand for money curve rightward.将货币需求向右移动。 B: shifts the demand for money curve leftward.将货币需求向左移动。 C: leads to an upward movement along the demand for money curve.导致货币需求曲线上升。 D: leads to a downward movement along the demand for money curve.导致货币需求曲线下滑。

    • 2

      Rising oil prices in the U.S. during the 1970s caused the economy’s ( ) A: aggregate supply curve to shift to the right. B: aggregate supply curve to shift to the left. C: aggregate demand curve to become vertical. D: aggregate demand curve to become horizontal.

    • 3

      翻译:“In these graphs the horizontal axis measures time, increasing toward the right away from the vertical axis.”

    • 4

      The quantity theory of money indicates that in any country the money supply is equated to the demand for money, which is inversely proportional to the money value of the gross domestic product.(<br/>)