This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: When a household takes extra (unbudgeted) money on a trip, economists would classify this money as ... (Read 55 times)

luminitza

  • Hero Member
  • *****
  • Posts: 555
on: Jun 30, 2018
When a household takes extra (unbudgeted) money on a trip, economists would classify this money as held for a(n):
 a. speculative demand.
  b. transactions demand.
  c. emergency motive.
  d. precautionary demand.
  e. inflationary motive.

Question 2

As a general rule, a recession is a decline in real GDP lasting at least:
 a. one year.
  b. six months.
  c. three months.
  d. one month.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

frre432

  • Sr. Member
  • ****
  • Posts: 347
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

b


luminitza

  • Member
  • Posts: 555
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

yeungji

  • Member
  • Posts: 319
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Adjusting a valve takes both hands—one to hold the wrench to loosen and tighten the lock nut and ... Adjusting a valve takes both hands—one to hold the wrench to loosen and tighten the lock nut and ...
Subsurface mining takes place in underground tunnels Subsurface mining takes place in underground tunnels
The Economics of Money, Banking and Financial Markets, Business School Edition The Economics of Money, Banking and Financial Markets, Business School Edition
Lone-parent household income and the degree of vulnerability Lone-parent household income and the degree of vulnerability
A debt payment of $7500 is due in 24 months. If money is worth 7.2% p.a. compounded quarterly, ... A debt payment of $7500 is due in 24 months. If money is worth 7.2% p.a. compounded quarterly, ...
Kindergarten field trip Kindergarten field trip
Video: Definition of heart rate

For a complete list of videos, visit our video library