The transactions demand for money refers to
A) the demand to hold money for use in planned purchases.
B) the demand to hold money as a long-term store of value.
C) the desire for income.
D) the desire for wealth.
Question 2
Economists have determined that there are four factors that seem to strongly affect a nation's rate of economic development. Which is NOT one of these four factors?
A) supporting current industries and the jobs they provide instead of adopting new technology that brings disruptive social changes
B) developing an educated population
C) establishing a system of property rights
D) limiting the extent to which the government imposes trade barriers
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