Keynes believed that the precautionary demand for money varied ...

[abern]

Keynes believed that the precautionary demand for money varied
 
  a. negatively with income.
  b. positively with income.
  c. negatively with the interest rate.
  d. positively with the interest rate.
  e. Both b and c

Question 2

An argument against inflation targeting is that
 
  a. the Fed does not completely control inflation.
  b. it rules out stabilization policy.
  c. puts too much emphasis on low inflation.
  d. All of the above

[Jevvish]

Answer to Question 1

E

Answer to Question 2

D

[abern]

Thanks for the timely response, appreciate it

[kishoreddi]

Gracias!