Author Question: According to Keynes, the speculative demand for money pertains to money held in anticipation of a(n) ... (Read 51 times)

ec501234

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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

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Answer to Question 1

E

Answer to Question 2

C



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