The transactions demand for money refers to
A) the demand to hold money for use in planned purchases.
B) the demand to hold money as a long-term store of value.
C) the desire for income.
D) the desire for wealth.
A
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Sarah and Claire are sisters. Their aunt gave 10 cookies to Sarah and asked her to share some with Claire. She could choose how many she would give her, but if Claire was not happy with her share, her aunt would take back all the cookies
a) How should Sarah decide how many cookies to give Claire if Claire prefers more cookies to fewer cookies? b) Will there be any change in her decision if she knows that Claire values fairness?
Which of the following is not an indicator that is used by the World Bank in measuring the level of economic development?
a. life expectancy at birth. b. adult literacy rate. c. infant mortality rate. d. all of the above are not used by the World Bank.
Cannibalization is:
a. Reducing the sales of own firm b. Improving quality over a rival's product c. Reducing costs d. Increasing one's output to reduce sales of another firm
Asset specificity means lower costs of redeployment and lower risks of opportunism associated with a contract
Indicate whether the statement is true or false