Author Question: Which of the following will cause a reduction in the amount of money individuals wish to hold? A) ... (Read 91 times)

bcretired · **on:** Jun 30, 2018

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.