The desire to keep assets in cash to take advantage of favorable changes in the value of non-cash assets is called the:

a. speculative demand for money.
b. wealth demand for money.
c. risk interest in money.
d. precautionary demand for money.
e. transactions demand for money.


a

Economics

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Suppose product price is fixed at $24; MR = MC at Q = 200; AFC = $6; AVC = $16 . What do you advise this firm to do?

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Economics

The U.S. imposes substantial taxes on cigarettes but not on loose tobacco. When the tax on cigarettes went into effect, the demand for home cigarette rolling machines most likely:

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Economics

Assume that pencils and pens are substitutes. If the price of pencils rises ceteris paribus, then we will see

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Economics