When people want to hold money to make regular planned expenditures, this is
A) the transaction demand for money.
B) the asset demand for money.
C) the precautionary demand for money.
D) the spending demand for money.
A
Economics
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A price ceiling set above the equilibrium price will cause which of the following?
A) an increase in supply B) a surplus C) a shortage D) no effect on either the price or quantity
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Which of the following changes in the exchange rate represents a depreciation of the dollar?
a. 100 yen = $1 to 110 yen = $1 b. 1 yen = $.10 to 1 yen = $.08 c. 1 peso = $10 to 1 peso = $11 d. 200 francs = $10 to 250 francs = $10
Economics