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Author Question: If you hold money in anticipation of household emergency expense, this represents the:: a. ... (Read 17 times)

HCHenry

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on: Jun 30, 2018
If you hold money in anticipation of household emergency expense, this represents the::
 a. speculative demand for holding money.
  b. transactions demand for holding money.
  c. opportunity cost motive for holding money.
  d. precautionary demand for holding money.
  e. regressive cost of holding money.

Question 2

A business cycle is the:
 a. period of time in which expansion and contraction of economic activity are equal.
  b. period of time in which there are three phases: peak, depression, and recovery.
  c. recurring growth and decline in real GDP.
  d. period of time in which a business is established and ceases operations.


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ghepp

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Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

c


HCHenry

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Reply #2 on: Jun 30, 2018
Correct answers!


ghepp

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Reply #3 on: Jun 30, 2018
Great! Please up vote :D


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