The demand for money is based on
A. the transactions demand, asset demand, and precautionary demand.
B. the demand for cash, demand for securities, and the demand for real estate.
C. a demand for liquidity and wealth.
D. the demand for consumption, demand for investment, and demand by government.
Answer: A
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A loan covenant is a guarantee provided by the directors of a company that a term loan will be repaid by the maturity date.
a. true b. false
Employing the data from Figure 2-2, income Y is equal to
A) $3,000,000. B) $3,300,000. C) $3,600,000. D) $5,100,000.
Which of the following statements is true?
A. The four phases of the business cycle, in order, are: peak, recovery, trough, recession. B. When unemployment is rising then real GDP is rising. C. The economic problem typically associated with a recovery is rising unemployment. D. Full employment exists in an economy when the unemployment rate equals the sum of frictional, and structural unemployment rates.
Recall the Application about the merger of Office Depot and Office Max to answer the following question(s).Recall the Application. In 2013, the Federal Trade Commission (FTC) ________ the merger of Office Depot and Office Max by concluding that it would not ________ competition in the retail office-supply market.
A. approved; decrease B. approved; increase C. denied; decrease D. denied; increase