When the Money Market Is Drawn with the Value of Money

question 180

Multiple Choice

When the money market is drawn with the value of money on the vertical axis,the money demand curve slopes

• A)upward,because at higher prices people want to hold more money.
• B)downward,because at higher prices people want to hold more money.
• C)downward,because at higher price people want to hold less money.
• D)upward,because at higher prices people want to hold less money.

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Definitions:

Exxon Valdez

An oil tanker whose 1989 spill off the coast of Alaska is considered one of the world's worst environmental disasters, causing extensive ecological damage.

Point Source

A single, identifiable source of pollution, such as a pipe or smokestack, that discharges pollutants into the environment.

Untreated Sewage

Wastewater and human wastes that have not been processed or cleaned, often containing harmful pollutants and pathogens.

Freshwater Ecosystems

Aquatic systems of low salt concentration, including rivers, lakes, streams, ponds, and wetlands, supporting diverse life forms.