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Author Question: When a household takes extra (unbudgeted) money on a trip, economists would classify this money as ... (Read 100 times)

luminitza

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When a household takes extra (unbudgeted) money on a trip, economists would classify this money as held for a(n):
 a. speculative demand.
  b. transactions demand.
  c. emergency motive.
  d. precautionary demand.
  e. inflationary motive.

Question 2

As a general rule, a recession is a decline in real GDP lasting at least:
 a. one year.
  b. six months.
  c. three months.
  d. one month.



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frre432

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Answer to Question 1

d

Answer to Question 2

b




luminitza

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Reply 2 on: Jun 30, 2018
Excellent


raili21

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

 

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