Speculative Demand for Money Is A

question 208

Multiple Choice

Speculative demand for money is a:

• A) positive function of prices.
• B) inverse function of prices.
• C) positive function of interest rates.
• D) inverse function of interest rates.
• E) function of unexpected needs.

---

Definitions:

Fossil Fuels

Natural fuels such as coal, oil, and natural gas, derived from the decomposed remains of plants and animals, used primarily for energy.

Subsidies

Financial support provided by governments to lower the cost of goods and services or to support industries seen as vital to the economy.

Tax Breaks

Financial incentives or reductions in taxation aimed at encouraging certain activities or investments, or to benefit individuals or corporations in specific ways.

Fossil-fuel Processing Industries

Industries involved in the refinement and conversion of fossil fuels into usable products such as gasoline, diesel, and other energy sources.