This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The quantity of money demanded to satisfy transactions needs: a. is intended for unexpected ... (Read 61 times)

jc611

  • Hero Member
  • *****
  • Posts: 552
on: Jun 30, 2018
The quantity of money demanded to satisfy transactions needs:
 a. is intended for unexpected expenditures.
  b. increases with the level of real GDP.
  c. decreases with the level of real GDP.
  d. is unrelated to either national income or the interest rate.
  e. varies inversely with the liquidity demand for money.

Question 2

How do we measure economic growth?
 a. Increases in the price level, as indicated by the GDP chain price index.
  b. Increases in nominal GDP.
  c. Increases in real GDP.
  d. Increases in the labor force.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Hikerman221

  • Sr. Member
  • ****
  • Posts: 346
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

c


jc611

  • Member
  • Posts: 552
Reply 2 on: Jun 30, 2018
Excellent

ryhom

  • Member
  • Posts: 366
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

The first commercially successful typewriter, manufactured in quantity beginning in 1874, surely fue The first commercially successful typewriter, manufactured in quantity beginning in 1874, surely fue
Many electronic components are used to construct a typical vehicle computer. Notice the quantity of ... Many electronic components are used to construct a typical vehicle computer. Notice the quantity of ...
A dose-response curve describes the relationship between the quantity of the chemical entering the ... A dose-response curve describes the relationship between the quantity of the chemical entering the ...
The Economics of Money, Banking and Financial Markets, Business School Edition The Economics of Money, Banking and Financial Markets, Business School Edition
Identify the variable representing each described quantity in the equation Identify the variable representing each described quantity in the equation
A debt payment of $7500 is due in 24 months. If money is worth 7.2% p.a. compounded quarterly, ... A debt payment of $7500 is due in 24 months. If money is worth 7.2% p.a. compounded quarterly, ...
Video: Calvin cycle (The light-independent reactions )

For a complete list of videos, visit our video library