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Author Question: Other things constant, an increase in resource prices will: a. increase aggregate demand. b. ... (Read 94 times)

khang

  • Hero Member
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  • Posts: 569
on: Jun 30, 2018
Other things constant, an increase in resource prices will:
 a. increase aggregate demand.
  b. decrease aggregate demand.
  c. decrease aggregate supply.
  d. increase aggregate supply.

Question 2

When people hold money to transact purchases they expect to make, this is known as the:
 a. precautionary demand for money.
  b. liquidity demand for money.
  c. spending demand for money.
  d. speculative demand for money.
  e. transactions demand for money.


gcook

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  • Posts: 343
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

e


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