If the quantity of Arizona green teas demanded falls from 4.0 million to 3.0 million as the price of Lipton green teas falls from $2.70 to $2.50, Arizona's teas and Lipton's teas are:

Which of the following is NOT included in M1 or M2?

A) credit card balances B) checking account balances C) currency in circulation outside of commercial banks D) traveler's checks

Keynes called the money people hold in order to pay unforeseen or unexpected expenses the:

a. transactions demand for holding money. b. precautionary demand for holding money. c. speculative demand for holding money. d. store of value demand for holding money.