Author Question: The speculative demand for holding money is when people hold money: a. instead of near money. b. ... (Read 52 times)

krzymel · **on:** Jun 30, 2018

The speculative demand for holding money is when people hold money:
a. instead of near money.
b. to transact purchases they expect to make.
c. as insurance against unexpected needs.
d. to speculate in the stock market.
e. to take advantage of changes in interest rates.

Question 2

If you look for a job for eighteen months after graduation, but fail to generate an offer, even after lowering your expectations, the economy is probably in the business cycle phase called a:
a. recession.
b. peak.
c. boom.
d. recovery.
e. trough.