The downward slope of the demand for money curve is created by the:
a. transactions demand for money.
b. precautionary demand for money.
c. speculative demand for money.
d. all of these.
c
Economics
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A firm engaging in rent seeking activity
A) is breaking the law. B) is willing to spend up to the gain in producer surplus. C) is irrational. D) increases societal gain.
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An economy in which output has decreased and prices have decreased would suggest a:
A. decrease in short-run aggregate supply. B. increase in aggregate demand. C. increase in short-run aggregate supply. D. decrease in aggregate demand.
Economics