Which type of demand for money causes the demand for money curve to slope downward?

a. Speculative demand.
b. Precautionary demand.
c. Transactions demand.
d. Foreign-exchange demand.

a

Economics

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If we include consideration of potential effects of a proposed tax reduction and simplification on the labor supply, we would expect crowding out of investment and net exports brought about by the tax cut to be

A) increased as aggregate real income and output rise in the long run. B) unaffected by the shifting long-run aggregate supply curve. C) dependent upon the impact of this tax change on consumer disposable income. D) less than it would be without the supply-side effects.

Economics

A firm's net income is also its

A) opportunity cost. B) accounting profit. C) balance sheet. D) economic profit.

Economics