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:

Fair Value

A financial accounting term referring to the estimated market value of an asset or liability based on current market prices.

Dissents

are expressions of disagreement or opposition to a prevailing idea or direction, especially in a legal or political context.

Corporate Action

Acts undertaken by a corporation’s board of directors that bring about changes in the capital structure or operations of the company.

Administrative Proceeding

A non-judicial process conducted by a government agency to resolve disputes, enforce laws, or regulate activities.