The Cambridge k is all of the following except
A) the reciprocal of the income velocity of money.
B) a transactions demand for money.
C) the fraction of GDP that people wish to hold in the form of money balances.
D) the velocity of money.
D
You might also like to view...
Which of following was a period of below-average economic growth in the United States?
A) the 1920s B) the 1960s C) the 1930s D) all of the above
Concerning the effect of New Deal farm measures, Walton and Rockoff conclude that the New Deal _____
a. simply failed to help farmers because the farmer's terms of trade did not improve. b. helped the farmer to a limited extent primarily through the stimulation of aggregate demand. c. helped the farmer to a substantial extent by limiting farm output. d. helped the farmer to a substantial extent by increasing farm output.