Author Question: The transaction demand for money comes mostly from the fact that A) money is a medium of ... (Read 18 times)

cookcarl · **on:** Jun 30, 2018

The transaction demand for money comes mostly from the fact that

A) money is a medium of exchange. B) money has low opportunity cost.
C) money is a store of value. D) money is a unit of account.

Question 2

In growth theory, the change in a country's standard of living is measured by the change in

A) employment.
B) the nation's capital stock.
C) wages per person.
D) real GDP.
E) real GDP per person.