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Author Question: The transactions demand for money A) varies directly with nominal Gross Domestic Product (GDP). ... (Read 66 times)

magmichele12

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on: Jun 29, 2018
The transactions demand for money
 
  A) varies directly with nominal Gross Domestic Product (GDP).
  B) varies inversely with nominal Gross Domestic Product (GDP).
  C) varies negatively with real nominal Gross Domestic Product (GDP).
  D) has no relationship with nominal Gross Domestic Product (GDP).

Question 2

In the classical model,
 
  A) unemployment will never exist since workers will be willing to accept lower wages and will then be able to find work.
  B) unemployment will never exist because employers will be willing to pay the wage rate demanded by the workers.
  C) wages will go up but never go down.
  D) full employment will never be reached.


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meltdown117

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


magmichele12

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Reply 2 on: Jun 29, 2018
:D TYSM

ryansturges

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

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