If your wealth is held as currency or in checking accounts, or other assets that you can convert to money on short notice, your assets are considered to be

The skill-biased character of technological change in recent decades has tended to cause ________

A) a decrease in the demand for college-educated labor B) a higher rate of unemployment among college-educated labor C) a lower rate of unemployment among unskilled labor D) an increase in demand for college-educated labor

Assuming that money demand is completely interest insensitive, the

a. LM schedule will be horizontal. b. LM schedule will be vertical. c. IS schedule is vertical. d. IS schedule is horizontal.