Crises that occasionally hit financial markets will increase the demand for money since:
A. the risk of holding money relative to other financial assets decreases.
B. the return on financial assets increases.
C. the return on money increases.
D. there is no risk with holding money.
Answer: A
Economics
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For most of the years since 1981, the United States has had
A) a current account deficit. B) a large official settlements balance. C) an official settlements account deficit. D) a capital and financial account deficit. E) balanced trade.
Economics
Suppose the European Union has a Nominal GDP of 20 trillion Euros, and their GDP deflator is 125. What is the European Union’s Real GDP?
A. 25 trillion Euros B. 16 trillion Euros C. 0.16 trillion Euros
Economics