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Author Question: The transactions demand for money is the demand for money by households for: a. rainy day spending. ... (Read 119 times)

bclement10

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on: Jun 30, 2018
The transactions demand for money is the demand for money by households for:
 a. rainy day spending.
  b. predictable spending purposes.
  c. liquidity purposes.
  d. investing purposes.

Question 2

Which of the following will most likely occur during the recessionary phase of a business cycle?
 a. Real GDP rises, and the unemployment rate falls.
  b. Real GDP declines, and the rate of inflation rises.
  c. The sales of most businesses decline, and the unemployment rate rises.
  d. Inflation rises, and employment/population ratio falls.


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gasdhashg

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

b

Answer to Question 2

c


bclement10

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Reply 2 on: Jun 30, 2018
:D TYSM

covalentbond

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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