Henry has been thinking about purchasing a corporate bond but is afraid that the bond will lose value. He has decided to hold money instead. This is known as the
A. money balance demand for money.
B. transactions demand for money.
C. precautionary demand for money.
D. asset demand for money.
Answer: D
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If a market basket was defined in 2014 and it cost $10,000 to purchase the items in that basket in 2014, while it cost $12,000 to purchase those identical goods in 2015, then the price index for 2015 is
A. (12000/10000)*100=120. B. 100. C. (10000/12000)*100=83.33. D. unknown given this data.
The ticket price of zero for the viewing of a television show taping often results in a shortage of tickets which are frequently rationed on a first-come-first-served basis
Indicate whether the statement is true or false
How can increases in a country's total income improve health?
What will be an ideal response?
The cornerstone of antitrust legislation in the U.S. is the:
A. Clayton Act B. Sherman Act C. Celler-Kefauver Act D. Federal Trade Commission Act