. The equilibrium interest rate is determined by ___________________________________. Response option group a. the money demand and supply of the economy, and occurs when people are willing to keep the exact amount of money offered by the monetary authorities b. the aggregate demand and supply of the economy, and occurs when people are willing to keep the exact amount of

Brief Principles of Macroeconomics (MindTap Course List)
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ISBN:9781337091985
Author:N. Gregory Mankiw
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Chapter16: The Influence Of Monetary And Fiscal Policy On Aggregate Demand
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40. The equilibrium interest rate is determined by ___________________________________.

Response option group

a. the money demand and supply of the economy, and occurs when people are willing to keep the exact amount of money offered by the monetary authorities

b. the aggregate demand and supply of the economy, and occurs when people are willing to keep the exact amount of money offered by the monetary authorities

c. the aggregate supply of the economy, and occurs when people are willing to keep the exact amount of money offered by the monetary authorities

d. the aggregate demand of the economy, and occurs when people are willing to keep the exact amount of money offered by the monetary authorities

48. The market where negotiable certificates are sold is known as the ___________ market.

Response option group

a.capital

b.negotiable

c. of money

d. current

49. The sum of the marginal propensity to consume and the marginal propensity to save is ___________.

Response option group

a. equal to 1

b. less than 1

c. greater than 1

d. negative

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