The Federal Reserve has been quite successful in keeping the inflation rate low for the past 20 years

a. True
b. False

A

Economics

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Because Treasury bills pay a higher return than money and have no risk

A) the transactions demand for money may be zero. B) the precautionary demand for money may be zero. C) the speculative demand for money may be zero. D) all three of the above motives for holding money will be zero.

Economics

According to water resource economists

a. water is seldom in short supply anywhere in the world. b. we are not running out of water, but specific places do run short of water, given the status of their water supply arrangements and ease (or lack of) transferability of water among users. c. the world is running out of water, just as it is running out of accessible oil. d. there is no workable way to make water markets function properly, because in the end, we can't make more water the way we can make more bread or automobiles.

Economics