Log in
Economics
1
answer
0
watching
56
views
8 Mar 2019

What variable adjusts to make the quantity of money held equal to money supplied?

long-run demand

rate of inflation

value of money

equation of exchange

Watch
1
answer
0
watching
56
views

For unlimited access to Homework Help, a Homework+ subscription is required.

Jarrod Robel
Jarrod RobelLv2
8 Mar 2019

Unlock all answers

Get 1 free homework help answer.
Already have an account? Log in
Share

Related textbook solutions

Principles of Economics
2nd Edition, 2017
Openstax
ISBN: 9781947172364
Principles of Macroeconomics
2 Edition,
Openstax
ISBN: 9781947172388
Principles of Microeconomics
2 Edition,
Openstax
ISBN: 9781947172340

Related questions

In the long run the interest rate adjusts to adjusts to balance the supply and demand for loanable funds. In the short run, the interest rate adjusts to balance the supply and demand for money. Discuss.

Long-run macroeconomic equilibrium​ ______.

A. comes about because the real wage rate adjusts.

B. occurs, when the quantity of real GDP demanded, equals the quantity of real GDP​ supplied, at the point of intersection of the AD curve and the SAS curve.

C. occurs when real GDP equals potential​ GDP, and the LAS​, SAS​, and AD curves intersect.

D. occurs when real GDP equals potential GDP and the money wage rate equals the real wage rate.

 

 

Long-run macroeconomic equilibrium​ ______.

A. comes about because the real wage rate adjusts.

B. occurs, when the quantity of real GDP demanded, equals the quantity of real GDP​ supplied, at the point of intersection of the AD curve and the SAS curve.

C. occurs when real GDP equals potential​ GDP, and the LAS​, SAS​, and AD curves intersect.

D. occurs when real GDP equals potential GDP and the money wage rate equals the real wage rate.

 

 

Related Documents

ECO 1102 Lecture Notes - Lecture 15: Price Level, Openmarket, Deflation
bluewallaby160
Chapter all: The Influence of Monetary and Fiscal Policy on Aggregate Demand
grayraven524
ECO 1102 Lecture Notes - Lecture 21: Liquidity Preference, Aggregate Demand, Fixed Exchange-Rate System
bluewallaby160

Weekly leaderboard

Home
Homework Help 3,900,000
Economics 400,000
Start filling in the gaps now
Log in