The Cambridge equation equates money demand as
A) a fraction of nominal GDP.
B) a percentage of real GDP.
C) a fraction of money supply.
D) a ratio of spot exchange rates.
A
Economics
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Restrictive labor law can create two different groups
A. insiders, who enjoy long-term stable employment, and outsiders, who end up with high unemployment rates. B. insiders, who end up with high unemployment rates, and outsiders, who enjoy long-term stable employment. C. employers, who bear the costs of restrictive labor laws, and workers, who enjoy the benefits of restrictive labor laws. D. employers, who enjoy the benefits of restrictive labor laws, and workers, who bear the costs of restrictive labor laws.
Economics
Explain what is meant by the term coordination failure and provide an example
What will be an ideal response?
Economics