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Author Question: The demand for money to cover unexpected expenditures and to meet emergencies is known as A) the ... (Read 41 times)

Alainaaa8

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on: Jun 29, 2018
The demand for money to cover unexpected expenditures and to meet emergencies is known as
 
  A) the transactions demand for money.
  B) the precautionary demand for money.
  C) the asset demand for money.
  D) the terminal demand for money.

Question 2

The usefulness of a model is determined by
 
  A) whether it helps to explain or predict real world phenomena.
  B) whether it possesses realistic assumptions.
  C) how well it uses the ceteris paribus assumption.
  D) how many of the possible relationships that exist are included in the model.


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ambernicolefink

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

B

Answer to Question 2

A


Alainaaa8

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

shewald78

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

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