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Author Question: Keynes called the money people hold in order to pay unforeseen or unexpected expenses the: a. ... (Read 66 times)

burchfield96

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on: Jun 30, 2018
Keynes called the money people hold in order to pay unforeseen or unexpected expenses the:
 a. transactions demand for holding money.
  b. precautionary demand for holding money.
  c. speculative demand for holding money.
  d. store of value demand for holding money.

Question 2

Economists usually use the term recession to refer to:
 a. any slowdown in the growth of real GDP.
  b. zero real GDP growth.
  c. two or more consecutive quarters of declining real GDP.
  d. a reduction in nominal GDP lasting more than six months.


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Pswine

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

c


burchfield96

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

nathang24

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Reply 3 on: Yesterday
:D TYSM

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