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Author Question: Warren always carries a one hundred dollar bill in case of emergencies. This is an example of the ... (Read 93 times)

xroflmao

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on: Jun 29, 2018
Warren always carries a one hundred dollar bill in case of emergencies. This is an example of the
 
  A) precautionary demand for money.
  B) asset demand for money.
  C) transactions demand for money.
  D) wealth demand for money.

Question 2

The original Keynesian economic theory states that
 
  A) the short-run aggregate supply (SRAS) curve is always vertical.
  B) many prices would not decline even when aggregate demand decreases.
  C) wages tend to fall more quickly than the overall price level.
  D) the economy naturally self-regulates so as to reach full employment quickly.


nikmaaacs

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


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