Question

33 In the future, total factor productivity will increase. The following statement is wrong ()

A Output demand curve shifts to the right

B Labor supply curve shifts to the right

C equilibrium wage drop

D Labor demand moves right

34 Mobile payment technology makes people's money demand ()

A increases

B decreases

C unchanged

D uncertain

35 If there is a systemic risk in the banking industry, the demand for money will be ()

A increases

B decreases

C unchanged

D uncertain

36 If interest rates increase, the demand for money will be ()

A increases

B decreases

C unchanged

D uncertain

Answer 1

Answer
33.A Output demand curve shifts to the right
The output deamnd curve will not shift . All the other effects mentioned i the other options are viable results

34.unchanged
The demand remains unchanged , only the efficieny of how payaments are made increases.

35. decreases
As the demand for money and its worth of usage is highly dependent on how banks work. This will make people lose conifdence in money and will shift in other assets like gold , land etc. and thus demand of money decreases

36. Increases
the interest rates refer to the interest rate at which money is lent by finanacial intitutions. As the interest rates are high, it means that the demand for money id high
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