Author Question: Bertha holds some of her savings as currency and coins placed in her sewing basket. This is an ... (Read 86 times)

berenicecastro · **on:** Jun 29, 2018

Bertha holds some of her savings as currency and coins placed in her sewing basket. This is an example of

A) precautionary demand for money.
B) asset demand for money.
C) transactions demand for money.
D) wealth demand for money.

Question 2

A tax levied on the purchase of a specific good or service is

A) an excise tax.
B) a consumption tax.
C) a purchase tax.
D) a value tax.