With the Value of Money on the Vertical Axis,the Money

question 192

Multiple Choice

With the value of money on the vertical axis,the money supply curve is

• A)upward sloping because people supply a larger quantity of money when the value of money increases.
• B)downward sloping because people supply a larger quantity of money when the value of money decreases.
• C)horizontal because we assume the central bank controls the money supply
• D)vertical because we assume the central bank controls the money supply.

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Definitions:

Endoderm

Innermost of the three germ layers of an embryo.

Epidermis

Outer portion of the skin formed of epithelial tissue that rests on or covers the dermis.

Germ Layer

One of the three primary layers (ectoderm, mesoderm, endoderm) in early embryonic development from which all tissues and organs develop.

Ectoderm

The outermost layer of cells or tissue of an embryo in early development, giving rise to the outer layer of the skin, central and peripheral nervous systems, eyes, inner ear, and many connective tissues.