Holding money as a medium of exchange to make payments is
A) the capital demand for money. B) the transactions demand for money.
C) the precautionary demand for money. D) the asset demand for money.
B
Economics
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What organization emerged from the GATT, starting January 1, 1995, with expanded responsibilities and global interaction?
a. the Doha round b. the World Trade Organization c. the United Nations d. the Institute for International Economics
Economics
If the price elasticity of demand for a product is 2.5, then a price increase of 1.5 percent decreases the quantity demanded by
A) 1.55 percent. B) 3.50 percent. C) 5.00 percent. D) 3.75 percent. E) 1.00 percent.
Economics