The demand for money will fall for each of the following reasons, except
A) more ATMs.
B) higher real GDP.
C) lower interest rates on transactions accounts at banks.
D) more risky banks.
C
Economics
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Loans issued by banks for the purpose of purchasing real estate or buildings are called
A) peer-to-peer loans. B) payday loans. C) bonds. D) mortgage loans.
Economics
Bob values the utility of a single scoop of Baskin-Robbins ice cream at $1.50. A double scoop gives total utility of $2.25, while a triple scoop yields $2.60. Baskin-Robbins charges $1.35 for a single, $1.95 for a double, and $2.35 for a triple. How many scoops will Bob buy?
What will be an ideal response?
Economics