A person puts a $100 bill in the glove compartment of his car in case of an emergency. This is an example of
A) the precautionary demand for money.
B) the transaction demand for money.
C) the emergency investment demand for money.
D) the asset demand for money.
A
Economics
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Laura Kaid owns a business and is willing to invest in capital until, at the margin, her investment yields a cash stream with a present value less than the marginal cost of the investment
a. True b. False
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Bob could do 3 broken legs and 7 bandage wounds, James can do 2 broken legs and 5 bandages wounds Bob has both absolute advantages
What will be an ideal response?
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