3 years ago

The transaction demand for money is very closely associated with money’s use as a

1 answer:

6 0

The transaction that uses money is clearly associated with money being used as payment. The money here is used as medium of exchange, as a storage of value, and also as a unit of account. One of the major uses of money is that it facilitate transactions.

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true

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Match each description to the trait it relates to.

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Suppose Tim spends his entire income on hot dogs and hamburgers and consumes at least some of both. Now suppose that the price o

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D. Tim consumes more hamburgers and fewer hot dogs.

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