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Author Question: Which of the following will cause a reduction in the amount of money individuals wish to hold? A) ... (Read 97 times)

bcretired

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Which of the following will cause a reduction in the amount of money individuals wish to hold?
 
  A) an increase in income B) an increase in the interest rate
  C) an increase in the price level D) all of the above

Question 2

Normative economics
 
  A) predicts the consequences of alternative actions.
  B) answers the question What ought to be?
  C) answers the question What is?
  D) is the focus of most modern economic reasoning.



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pallen55

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Answer to Question 1

B

Answer to Question 2

B




bcretired

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


robbielu01

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

 

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