Refer to the given information. If nominal GDP is $200 and the interest rate is 6 percent, the total amount of money that households and businesses will want to hold is:
Answer the question on the basis of the following information. For transactions, households
and businesses want to hold an amount of money equal to one-half of nominal GDP. The table
shows the amounts of money they want to hold as an asset at various interest rates.
A. $120.
B. $140.
C. $160.
D. $180.
C. $160.
Economics
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Direct taxes are levied directly on people or corporations.
Answer the following statement true (T) or false (F)
Economics
Perfectly competitive firms
A. are large relative to the size of the market. B. are price makers. C. sell identical products. D. All of the above are correct.
Economics