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Author Question: The transactions demand for money will increase when A) the rate of interest increases. B) the ... (Read 50 times)

jwb375

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on: Jun 29, 2018
The transactions demand for money will increase when
 
  A) the rate of interest increases.
  B) the price level falls.
  C) nominal Gross Domestic Product (GDP) increases.
  D) nominal Gross Domestic Product (GDP) decreases.

Question 2

The hypothesis that people are nearly, but not fully rational, cannot possibly fully examine every available choice, and utilize simple rules of thumb in making decisions is known as the
 
  A) irrationality hypothesis.
  B) ceteris paribus hypothesis.
  C) individual aggregation hypothesis.
  D) bounded rationality hypothesis.


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SAUXC

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

C

Answer to Question 2

D


jwb375

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

chereeb

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Reply 3 on: Yesterday
Excellent

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