Question

15 Points need ASAP Type the correct answer in the box. How is the supply curve of money different from other supply curves? The government's monetary and fiscal policies determine the supply of money. Therefore, the supply curve of money is vertical and *blank*

Answer 1

The supply curve of money is different from other supply curves in that it is vertical and not influenced by changes in price. This is because the supply of money is determined by the monetary and fiscal policies of the government rather than by market forces. Therefore, the quantity of money supplied remains constant regardless of changes in interest rates or other economic factors.