According to Keynes, the key difference between money and bonds is that
A) money is an asset.
B) bonds are an asset.
C) money is less risky.
D) bonds are tax exempt.
C
Economics
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Free trade is better than autarky for a small country
Indicate whether the statement is true or false
Economics
The classical dichotomy argues that changes in the money supply
a. affect both nominal and real variables. b. affect neither nominal nor real variables. c. affect nominal variables, but not real variables. d. do not affect nominal variables, but do affect real variables.
Economics