The number of times a unit of currency changes hands for transactions in a given period is called
a) the transactions demand for money
b) the money multiplier
c) M1
d) GDP
e) velocity
e) velocity
Economics
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This president made the campaign promise: "Read my lips: no new taxes." ______________.
Fill in the blank(s) with the appropriate word(s).
Economics
When governments choose to favor some industries over others, they undertake:
A. corporate growth policy. B. corporate pricing policy. C. industrial policy. D. industrial espionage.
Economics
U.S. banks are required by law to keep most of their assets as reserves.
Answer the following statement true (T) or false (F)
Economics
What is the effect of an increase in unemployment benefits on the unemployment rate?
What will be an ideal response?
Economics