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21. The money demand curve shows the relationship between the: A) money supply and the quantity of money demanded. B) aggregate price level and the
21. The money demand curve shows the relationship between the: A) money supply and the quantity of money demanded. B) aggregate price level and the nominal quantity of money demanded. C) interest rate and the nominal quantity of money demanded. D) real GDP and the nominal quantity of money demanded. 22. The federal funds rate is the interest rate on ______, and it is controlled by the _________. A) loans from the Federal Reserve to banks; Federal Open Market Committee B) reserves that banks lend to each other; Federal Open Market Committee C) loans from the Federal Reserve to banks; president and Congress D) reserves that banks lend to each other; president and Congress
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