People hold money because it is liquid and lacks risk under the

A) money balance demand for money.
B) asset demand for money.
C) precautionary demand for money.
D) transactions demand for money.

B

Economics

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An increase in ________ leads to an equal ________ in the monetary base in the short run

A) float; decrease B) float; increase C) discount loans; decrease D) Treasury deposits at the Fed; increase

Economics

Adam Smith's book, The Wealth of Nations, was published at the time of the:

a. War of 1812 b. U.S. Declaration of Independence. c. U.S. Civil War. d. Great Depression.

Economics