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 Values

The monetary amount expected from selling an asset or required to cover a liability, in a well-organized deal among market stakeholders, at the time of assessment.

Control

The power to govern the financial and operating policies of an organization so as to obtain benefits from its activities.

Investee

A company or entity in which an investor holds an interest, typically through ownership of shares.

Acquisition Cost

The total cost associated with acquiring an asset or investment, including the purchase price and all related expenses.