The speculative demand for money shows the relationship between money demand and:
a. income levels.
b. interest rates.
c. prices
d. investment.
e. consumption.
b
Economics
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If the current margin is greater than the desired margin, the firm should
a. Increase production b. Decrease production c. Not change production level d. Production ceases
Economics
Yovanka has diabetes and she will pay any amount of money to buy the insulin she needs to stay alive. Yovanka's demand for insulin is:
A) perfectly price-inelastic. B) perfectly price-elastic. C) price-elastic. D) price-inelastic.
Economics