« previous next »

Author Question: Money is still useful during times of inflation because A) it still retains the characteristic of ... (Read 19 times)

joesmith1212

  • Hero Member
  • *****
  • Posts: 549
on: Jun 30, 2018
Money is still useful during times of inflation because
 
  A) it still retains the characteristic of predictability of value.
  B) its opportunity cost falls as inflation rises.
  C) more money can be made so people can still purchase the goods and services they want.
  D) it is not a liquid asset.

Question 2

A major difference between the transactions demand for money and the precautionary demand is that the
 
  A) transactions demand is for emergencies while the precautionary demand is for every day expenditures.
  B) transactions demand involves expected expenditures while the precautionary demand involves unexpected expenditures.
  C) transactions demand means that people are foregoing interest but they are not foregoing interest in the precautionary demand.
  D) transactions demand leads to the purchase of assets while the precautionary demand does not.


shaquita

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Cushing’s syndrome. A photograph of a woman with the characteristic facial features of Cushing’s syn Cushing’s syndrome. A photograph of a woman with the characteristic facial features of Cushing’s syn
With tough economic times, a lot of people have lost their jobs—and their homes. If this happens, ... With tough economic times, a lot of people have lost their jobs—and their homes. If this happens, ...
A Receiver-Operating-Characteristic (ROC) Curve A Receiver-Operating-Characteristic (ROC) Curve
A solution of CaCl2 with concentration of 5.5 M was diluted 10 times, 25 times and 3 times. ... A solution of CaCl2 with concentration of 5.5 M was diluted 10 times, 25 times and 3 times. ...
A debt payment of $7500 is due in 24 months. If money is worth 7.2% p.a. compounded quarterly, ... A debt payment of $7500 is due in 24 months. If money is worth 7.2% p.a. compounded quarterly, ...
Learn Canadian money grade 1 Learn Canadian money grade 1
Video: Genetics of Cancer

For a complete list of videos, visit our video library