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Author Question: The demand for money refers to the desire to A) hold a good that yields utility when it is ... (Read 57 times)

fox

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on: Jun 29, 2018
The demand for money refers to the desire to
 
  A) hold a good that yields utility when it is consumed.
  B) a high income.
  C) spend money because money is used in all transactions.
  D) hold money because money is used in all non-barter transactions.

Question 2

In the classical model, changes in interest rates will always ensure that
 
  A) consumption equals production.
  B) saving equals investment.
  C) consumption equals investment.
  D) consumption equals income.


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jonathanballen97

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


fox

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

Liddy

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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