On a Diagram Where the Interest Rate and the Quantity

question 29

Multiple Choice

On a diagram where the interest rate and the quantity of money demanded are shown on the vertical and horizontal axes respectively, the asset demand for money can be represented by

• A) a line parallel to the horizontal axis.
• B) a vertical line.
• C) a downsloping line or curve from left to right.
• D) an upsloping line or curve from left to right.

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