The demand for money that households keep for emergency purposes is known as the:
a. emergency demand.
b. temporary demand.
c. precautionary demand.
d. speculative demand.
c
Economics
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Fixed exchange rates require governments to have
a. control over the cuntry's exports b. anti-arbitrage investigators c. large quantities of gold d. trade surpluses e. foreign exchange reserves
Economics
Market failure can occur when
A. monopoly power exists in the market. B. markets are missing. C. consumers can influence prices. D. all of these answer options are correct.
Economics
Which of the following causes a movement along a supply curve?
A) a change in resource costs B) a change in technology C) a change in the price D) all of the above
Economics
Distorting taxes always create excess burdens.
Answer the following statement true (T) or false (F)
Economics