Money demand behavior may
A) change as a result of demographic trends or financial innovations such as electronic cash-transfer facilities.
B) change only as a result of demographic trends.
C) change only as a result of financial innovations such as electronic cash-transfer facilities.
D) not change as a result of demographic trends or financial innovations such as electronic cash-transfer facilities.
E) change as a result of demographic trends but not as a result of financial innovations such as electronic cash-transfer facilities.
A
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In 2014, ________ of the uninsured were younger than age 35
A) about 10 percent B) less than one-third C) over half D) almost 85 percent
If the nominal rate of interest is 2 percent, and the expected inflation rate is -10 percent, the real rate of interest is
A) 2 percent. B) 8 percent. C) 10 percent. D) 12 percent.