In Japan,interest Rates Are Close to Zero

question 6

Multiple Choice

In Japan,interest rates are close to zero.As a result,Keynesians would argue that money demand

• A)has become much more interest rate elastic.
• B)will shift upward.
• C)has become much less interest rate elastic.
• D)will shift downward.
• E)will remain unchanged.

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Definitions:

Cognitive-behavioral Therapy

A short-term, goal-oriented psychotherapy treatment that takes a hands-on, practical approach to problem-solving, focusing on challenging and changing unhelpful cognitive distortions and behaviors.

Psychotropic Medication

Medicines used to affect the mind, emotions, and behaviors by altering brain chemistry, commonly used to treat mental health disorders.

Electroconvulsive Therapy

A mental health therapy that involves triggering seizures in patients through electrical means to alleviate symptoms of psychiatric conditions.

Regular Aerobic Exercise

Consistent physical activity that relies on the aerobic energy-generating process, typically characterized by moderate intensity, rhythmic nature, and prolonged duration, beneficial for cardiovascular health.