Keynes argued that the precautionary component of the demand for money was primarily determined by the level of people's ________, which he believed were proportional to ________
A) incomes; wealth
B) incomes; age
C) transactions; income
D) transactions; age
C
Economics
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Refer to Figure 13-17. What is the allocatively efficient output for the firm represented in the diagram?
A) Qf units B) Qg units C) Qh units D) Qj units
Economics
An increase in government spending will likely have which of the following effects?
A) a rightward shift in the IS curve B) a leftward shift in the IS curve C) an upward shift in the LM curve D) a downward shift in the LM curve
Economics