The demand for money is a demand for real cash balances because people hold money for the purpose of buying goods and services. The higher the price level, the more money balances a person has to hold in order to purchase a given quantity of goods.
A total of 53 feet of the pedestal is actually below ground to give it a solid footing, and at the very bottom is 91 square feet in area. By contrast, on ground level the base is only 65 square feet in area. The concrete walls above ground range from 8 to 19 feet thick.
The total weight of the Statue of Liberty is 450,000 pounds (225 tons). The copper alone weighs around 100 U.S. tons and is 3â32 of an inch thickâa little less than the thickness of two pennies. It was hammered by hand into plates, which are attached to the interior iron frame.