Which of the Following Statements Is Not Correct

question 189

Multiple Choice

Which of the following statements is not correct?

• A)Given the supply of money, a decline in the demand for money will tend to reduce the equilibrium GDP.
• B)Given the supply of money, the equilibrium interest rate will vary directly with the level of money GDP.
• C)Given the demand for money, the equilibrium interest rate will vary inversely with the supply of money.
• D)Given the supply of money, the equilibrium interest rate will vary directly with the demand for money.

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Definitions:

Case Study

An in-depth examination of a single subject or incident to explore causation to find underlying principles.

Descriptive Study

A research method focused on describing characteristics of a population or phenomenon being studied.

Correlational Research

A type of non-experimental research method involving the observation and statistical analysis of relationships between variables, without determining cause and effect.

Unethical

Behaving in a manner that is contrary to what is morally right or accepted as good practice, often violating accepted moral principles or standards.