If you hold money in anticipation of household emergency expense, this represents the::
a. speculative demand for holding money.
b. transactions demand for holding money.
c. opportunity cost motive for holding money.
d. precautionary demand for holding money.
e. regressive cost of holding money.
d
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Fiscal federalism in the EU refers to
A) one nation's control of the monetary policy of all the other nations. B) freedom of member countries to leave the EU at any time. C) the transfer of economic resources from members with healthy economies to those suffering economic setbacks. D) one nation's freedom to abandon the Euro and use its own currency. E) the transfer of economic resources between members with healthy economies.
If the population increases, the market demand for most products will:
A. not change. B. decrease. C. increase. D. depend on supply.
According to mainstream economists, a restrictive monetary policy might be frustrated, wholly or in part, by:
A. Treasury sales of gold bullion. B. a Treasury surplus. C. the desire of households and businesses to hold smaller money balances. D. a decrease in V.
The ________ refers to the amount a household would like to work within a given period at the current wage rate if it could find the work.
A. unconstrained supply of labor B. labor-force participation rate C. natural rate of unemployment D. constrained supply of labor