The benefit of an activity is
A) the gain or pleasure that it brings.
B) not measurable on the margin.
C) purely objective and measured in dollars.
D) the value of its opportunity cost.
E) measured by what must be given up to get one more unit of the activity.
Question 2
The demand for money that arises so that individuals or firms can make purchases on quick notice is called the
A) speculative demand for money. B) real demand for money.
C) transaction demand for money. D) liquidity demand for money.