The demand for money in an economy is high when the:
a. real GDP is low
b. personal tax rate is low.
c. unemployment rate is high.
d. price level is high.
e. interest rate is high.
d
Economics
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When airplanes take off and land at Logan airport, residents of East Boston complain about the noise. The same planes make the same noise during the trip to Boston from Paris, but there are no ____ for most of the trip because ____
a. jet sounds; noise doesn't travel at high altitudes b. third parties; there are no externalities c. externalities; there are no third parties d. complaints; airplanes are insulated e. free riders; passengers must pay to board the plane
Economics
Decisions regarding purchases and sales of government securities by the Fed are made by the
Economics