Each of the following factors might interfere with the efficiency of perfect competition except:

The two basic types of government regulation are

A) regulation of natural monopolies and regulation of cartels. B) economic regulation and industry regulation. C) social regulation and labor law. D) social regulation and economic regulation.

Economists have long pondered the reasons why people hold money. Some reasons seem to be more important than others. Perhaps not among the most important but still a reason why people demand money is the precautionary motive. This precautionary demand for money refers to the demand

a. to satisfy everyday transactions b. for investment purposes c. for speculative purposes such as having money available to take advantage of stock purchases d. to protect against inflation e. to cover unexpected events