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Author Question: The transactions demand for holding money is when people hold money: a. instead of near money. b. ... (Read 122 times)

lracut11

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on: Jun 30, 2018
The transactions demand for holding money is when people hold money:
 a. instead of near money.
  b. to transact purchases they expect to make.
  c. as insurance against unexpected expenses.
  d. to speculate in the stock market.
  e. to take advantage of changes in interest rates.

Question 2

The period of declining growth in real GDP between the peak of the business cycle and the trough is called a(n):
 a. recessionary phase.
  b. expansionary.
  c. recovery phase.
  d. stationary phase.


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pami445

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

a


lracut11

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Reply 2 on: Jun 30, 2018
Excellent

patma1981

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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