Each point on the LM curve represents the equilibrium point in the ?

A reduction in interest rates, causes an increases in the monetary base that results in an _________ in the availability of consumer credit and a ________ in the cost of consumer credit?

A. reduction, increase

B. reduction, reduction

C. increase, reduction

D. increase , increase

Central banks prefer to fix the ____ and accept the resulting _____?

A. demand for money, interest rate

B. interest rate equilibrium money supply

C. demand for money equilibrium money supply

D. interest rate, demand for money

If the central bank buys financial securities in the open market to increase the monetary base, this is and example of ?

A. lender of less resort

B. financial intermediation

C. Open Market operations

D. Financial regulation

M4 is a __________ measure of money and includes deposits at both __________ and _________?

A. narrow, banks, building societies

B. wide, banks insurance companies

C. Narrow, banks insurance companies

D. Wide, banks building societies

When interest rate rise, other things equal, we can expect the quantity of real money holding to ?

A. fall

B. increase

C. not change

D. None of these