Which One of the Following Statements Is Correct

question 73

Multiple Choice

Which one of the following statements is correct?

• A)The lower the interest rate,the higher the opportunity cost of holding assets in the form of money.
• B)A vertical money supply curve means that the quantity of money supplied is independent of the interest rate.
• C)The larger the supply of money,the higher the interest rate,all things equal.
• D)Travelers checks and government bonds are equally liquid assets.
• E)The transactions demand for money increases whenever the price level decreases.

---

Definitions:

West's National Reporter

A comprehensive set of law books that publish the decisions of state and federal courts in the United States, serving as a key resource for legal research.

Eliminated

Removed or eradicated something completely, making it no longer existing or functioning.

Court Reporters

Professionals trained to transcribe spoken or recorded speech into written form, creating official transcripts of legal proceedings.

Geographic Regions

Areas or divisions of the Earth's surface distinguished by natural or arbitrary criteria such as climate, culture, or political boundaries.