Answer: Please refer to explanation
Explanation:
1.
The stock of money people hold to pay unpredictable expenses. <u>Precautionary Motive</u>
The stock of money people hold to take advantage of future changes in the prices of financial assets other than money. <u>Speculative Motive</u>
The stock of money people hold to pay everyday predictable expenses. <u>Transactionary Motive.</u>
<u>2.</u> This is an example of a decrease in Daesun's <u>Transactionary </u>demand for money.
Paying rent is a predictable everyday expense so it is Transactionary.
3. As the interest rate falls, the opportunity cost of holding money <u>falls</u> , and people <u>increase</u> their speculative balances.
The Opportunity cost of holding money falls because people will not be gaining such a high rate of return if they invest due to the lower interest rates so they can hold money with little repercussions. They will increase Speculative balances though to tak advantage when the rates go back up.
Answer:
The productivity of the firm = 5
Explanation:
Total number of seats that is assembled in 30 min = 10 seats
Therefore total number of seats assembled in 1 hr = 10 x (60/30) = 20 seats
Total labor hours required for 20 seats = 4 workers x 1hr = 4hrs
The Single-factor productivity = output / labor hours
The Single-factor productivity = 20 seats / 4 hrs
The Single-factor productivity = 5 seats per labor hr
Answer:
1.j 2.f 3. E 4. b 5. g 6. a
7. c 8. I 9. H 10. D
Explanation:
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