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 Statue of Liberty is made of copper supported by an iron skeleton. 179,200 pounds (81,300 kilograms) of copper was used in Statue. 250,000 pounds (113,400 kilograms) of iâ¦ron. Total weight of the Statue is 450,000 pounds (225 tons). The thickness of Copper sheeting is 3/32 inch (2.37mm), about the thickness of a penny. .