Which of the following is an equilibrium condition in the ISLM model?
A) Labor demand = labor supply
B) Desired investment = desired saving
C) Government spending = taxation
D) Money supply = income
B
Economics
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The decision by the Municipal Transit Authority to either refurbish existing buses, buy new large buses, or to supplement the existing fleet with mini-buses is an example of:
a. independent projects b. mutually exclusive projects c. contingent projects d. separable projects e. none of the above
Economics
Adam Smith listed three types of motives for people holding money?transaction, precautionary, and speculative
a. True b. False Indicate whether the statement is true or false
Economics