If you hold money in anticipation of household emergency expense, this represents the::
a. speculative demand for holding money.
b. transactions demand for holding money.
c. opportunity cost motive for holding money.
d. precautionary demand for holding money.
e. regressive cost of holding money.
d
Economics
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A trade deficit can produce inflation when a country and its trading partners are on the gold standard or a bi-metallic system
Indicate whether the statement is true or false
Economics
A narrow target zone exchange rate band (such as the EEC had until 1992 ) is most similar to
A) a flexible exchange rate system. B) a single currency. C) a fixed exchange rate system. D) a managed floating exchange rate.
Economics