Which type of demand for money causes the demand for money curve to slope downward?
A. speculative demand
B. precautionary demand
C. transactions demand
D. foreign-exchange demand
Answer: A
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Printing money was the main method the Union government used to finance the Civil War (1861–1865), and as a result the money supply in the North rose by a factor of 4
Indicate whether the statement is true or false
Both price floors and price ceilings lead to
a. shortages. b. surpluses. c. reductions in quality. d. a reduction in the quantity traded.
A direct restriction on the quantity of an import is called a(n):
A) quota. B) tariff. C) import subsidy. D) import restriction.
The United States will have a trade deficit as long as: ( hint 2 answers)
a. imports are greater than exports. b. spending on the American economy is less that what it can produce. c. spending by American households, businesses, and government is greater than GDP. d. spending on the American economy is greater than what it can produce.