The speculative demand for money:
a. varies inversely with income.
b. is only concerned with active money.
c. involves holding money for unexpected problems.
d. varies directly with the transactions demand for money.
e. varies inversely with the interest rate.
e
Economics
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Government subsidies are in place to protect the population rather to benefit the economy in the case of which recipient(s)?
(A) Tobacco growers in the United States. (B) National airlines in Western Europe. (C) Small farms in France. (D) A national car company in Indonesia.
Economics
Imagine that Wingate National is a new bank, and that the legal reserve requirement is 10 percent. If it accepts a $1,000 deposit, then, before lending occurs, its excess reserve balance is
a. $0 b. $90 c. $100 d. $900 e. $910
Economics