问题如下:
Which of the following description about the money supply is incorrect?
选项:
A.The money supply curve is perfectly elastic.
B.The supply of money is determined by central bank of the country.
C.The money supply is independent of the interest rate.
解释:
A is correct. As money supply is determined by central bank, it is independent of the interest rate, therefore the money supply curve is perfectly inelastic (vertical).
考点:货币供给
解析:由于货币供应量是由央行决定的,它与利率无关,因此货币供给曲线是完全无弹性的(垂直的)。因此A选项入选。
请问C中,independent的含义是MS独立于rate吗?如果是表达MS与rate之间无任何关联是怎么表达?