Three macroeconomic factors that affect the demand for money are:
A. capital, labor, and technology.
B. globalization, skill-biased technological change, and labor mobility.
C. the nominal interest rate, real income, and the price level.
D. the nominal interest rate, capital, and labor.
Answer: C
Economics
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Transfer payments:
What will be an ideal response?
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A case study of Japanese auto imports during the 1980s focuses on an agreement between Japan and the United States to undertake:
a. a coordinated effort to improve gas mileage. b. a study of wage concessions by Japanese carmakers in the United States. c. a review of unionization and employee benefits in both nations. d. a voluntary export restraint.
Economics