The transaction demand for money varies
A) directly with the interest rate. B) directly with nominal GDP.
C) inversely with nominal GDP only. D) inversely with nominal GDP and real GDP.
B
Economics
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What is comparative advantage? What is absolute advantage?
What will be an ideal response?
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Which of the following is true for the game in Scenario 13.3?
A) Moto's dominant strategy is the CD changer. B) Moto's dominant strategy is the free maintenance. C) Zport's dominant strategy is the low-profile tires. D) Zport's dominant strategy is the sun roof. E) Neither company has a dominant strategy.
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