The quantity of money demanded is the
A) income and volume of profits that people and businesses would like to receive.
B) sum of checkable and savings deposits at banks.
C) amount that people and businesses choose to hold.
D) average daily volume of bank account withdrawals.
E) fraction of cash holdings in an average investment portfolio.
C
You might also like to view...
A market is ________ when a small number of firms compete
A) a monopoly B) perfectly competitive C) monopolistically competitive D) an oligopoly E) either monopolistically competitive or an oligopoly
The Phillips curve is stable over time
Indicate whether the statement is true or false
If the price level decreases, what will happen to the level of real GDP supplied?
a. It will usually decrease. b. It will usually increase. c. Nothing. d. It will decrease at first and then increase.
Which of the following is negative for the "typical" consumer at some level of real disposable income?
A. marginal propensity to consume B. marginal propensity to save C. average propensity to save D. average propensity to consume