When economists speak of the demand for money, they refer to the amount of money people would like to hold
a. given that it can only be printed slowly
b. in the best of all possible worlds
c. in their bank accounts rather than their wallets
d. at each interest rate
e. rather than spend
D
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Which of the following statements is true?
A) All economic agents are necessarily individuals. B) A worker who shirks work is not an economic agent. C) A government is an example of an economic agent. D) A street gang is not an economic agent.
If a German student pays her way to attend Harvard University, her actions will
a. create a supply of dollars and a demand for Euros in the foreign currency market. b. create a supply of Euros and a demand for dollars in the foreign currency market. c. cause the German Euro to appreciate. d. cause the U.S. dollar to depreciate.