The Transactions Demand for Money Is Least Likely to Be

question 124

Multiple Choice

The transactions demand for money is least likely to be a function of the

• A) price level.
• B) interest rate.
• C) level of national income.
• D) frequency of wage and salary payments.

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Definitions:

Management

The process of dealing with or controlling things or people, often within a business or organization.

Scientific Management

A management theory that analyzes and synthesizes workflows to improve economic efficiency, especially labor productivity.

Frederick Taylor

A mechanical engineer who is considered the father of scientific management, focusing on improving economic efficiency and labor productivity through systematic study.

Organizational Behaviour

The study of both group and individual performance and activity within an organization, and how these behaviours can be improved through leadership and control.