The above figure shows a graph of the market for pizzas in a large town. No pizzas will be supplied unless the price is above

When households choose to hold money as a store of value, rather than holding assets such as certificates of deposit, stocks, and bonds, ________ demand for money results

A) liquidity B) asset C) transactions D) precautionary

If the price elasticity of supply of television sets is constant and equal to 3, a 10 percent increase in price will result in a change in quantity supplied equal to

A) 3 1/3 percent. B) 30 percent. C) 1/3 percent. D) -30 percent.