Holding money as a medium of exchange to purchase goods and services and make payments is known as the

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

B

Economics

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Which type of tariff is forbidden in the United States on Constitutional grounds?

A) import tariff B) export tariff C) specific tariff D) prohibitive tariff E) import quota

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The number of people that are laid off in a month is

A. a stock. B. a flow. C. both a stock and a flow. D. neither a stock nor a flow.

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