Which of the following is NOT a reason why people are motivated to hold money?
A. asset demand
B. transactions demand
C. liability demand
D. precautionary demand
Answer: C
You might also like to view...
Under fixed exchange rate, the response of an economy to a temporary fall in foreign demand for its exports is
A) the currency appreciates, and output falls. B) the currency depreciates, and output falls. C) the currency remains the same, and output decreases. D) the currency depreciates, and output remains constant. E) the currency appreciates, and output remains the same.
If P = Q/15 represents market supply for a competitive industry and market demand is given by Qd = 500 - 10P, the equilibrium quantity is:
A. 250. B. 187.5. C. 300. D. 150.
What is human capital, and how does it affect U.S. productivity?
What will be an ideal response?
Which of the following is an outside incentive that forces managers to put forth maximal effort?
A. Reputation B. Incentive contracts C. Flat fees D. Performance bonuses