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

Answer: A

Economics

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If a firm traded on the New York Stock Exchange posts an accounting profit of $10 million, then the firm is making a positive economic profit

A) only if the Securities and Exchange Commission (SEC) approves the accounting report. B) only if the firm's opportunity cost is less than $10 million. C) only if the firm's opportunity benefit is more than $10 million. D) only if the firm's management receives stock compensation.

Economics

While the short-run Phillips curve is upward-sloping, the long-run Phillips curve is downward-sloping

Indicate whether the statement is true or false

Economics