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Author Question: A change in financial technology that reduces the need to hold cash balances ________ the demand for ... (Read 63 times)

berenicecastro

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on: Jun 29, 2018
A change in financial technology that reduces the need to hold cash balances ________ the demand for money and ________ the equilibrium nominal interest rate.
 
  A) increases; raises
  B) decreases; lowers
  C) increases; lowers
  D) decreases; raises
  E) decreases; does not change

Question 2

Classical growth theory predicts that increases in
 
  A) competition increase economic growth.
  B) real GDP per person are temporary and not sustainable.
  C) resources permanently increase real GDP per person.
  D) real GDP per person are permanent and sustainable.
  E) resources permanently increase labor productivity.


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olderstudent

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

B

Answer to Question 2

B


berenicecastro

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Reply 2 on: Jun 29, 2018
:D TYSM

deja

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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