In most cases, higher interest rates cause the velocity of M1 to

In order to obtain a conviction for price fixing under the Sherman Antitrust Act, the government needs to prove:

a. only that an attempt to fix prices was made. b. that there was a price-fixing agreement that actually lessened competition. c. that there was a high concentration ratio for the industry. d. all of these.

The demand for money that households keep for emergency purposes is known as the:

a. precautionary demand. b. emergency demand. c. speculative demand. d. transactions demand. e. temporary demand.