A Downward-Sloping Demand Curve Will Ensure That

question 20

Multiple Choice

A downward-sloping demand curve will ensure that:

• A) P = MR.
• B) P > MR.
• C) P < MR.
• D) P = MC.

---

Definitions:

Treasury Bills

Short-term government securities issued at a discount from the face value, maturing in one year or less, used as a tool for managing national finance.

U.S. Treasury

The federal department responsible for managing government revenue, issuing currency, and executing fiscal policy in the United States.

Money Market Instrument

Short-term financial instruments that include treasury bills, commercial paper, and certificates of deposit, typically with high liquidity and low risk.

Government Bonds

Bonds issued by the U.S. Department of the Treasury.