Globalization benefits all the participating nations equally
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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The demand for money that arises so that individuals or firms can make purchases on quick notice is called the
A) speculative demand for money. B) real demand for money. C) transaction demand for money. D) liquidity demand for money.
Economics
Refer to Figure 23-4. Potential GDP equals $100 billion. The economy is currently producing GDP1 which is equal to $90 billion. If the MPC is 0.8, then how much must autonomous spending change for the economy to move to potential GDP?
A) -$18 billion B) -$2 billion C) $2 billion D) $18 billion
Economics