Author Question: According to Keynes, the speculative demand for money pertains to money held in anticipation of a(n) ... (Read 107 times)

ec501234

  • Hero Member
  • *****
  • Posts: 573
According to Keynes, the speculative demand for money pertains to money held in anticipation of a(n)
 
  a. increase in bond prices.
  b. decrease in bond prices.
  c. rise in interest rates.
  d. fall in interest rates.
  e. both b and c

Question 2

Time inconsistency means
 
  A) taking different decisions at different times despite facing the same situation.
  B) making policy choices that violate the intertemporal budget constraint.
  C) deciding to do something tomorrow, and then doing something different tomorrow.
  D) adding a random factor to decisions.



princessflame2016

  • Sr. Member
  • ****
  • Posts: 298
Answer to Question 1

E

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

For a complete list of videos, visit our video library