Everything Else Held Constant,an Increase in Wealth Will Cause the Holdings

question 155

Multiple Choice

Everything else held constant,an increase in wealth will cause the holdings of checkable deposits to the holdings of currency to ________ and the currency ratio will ________.

• A)increase;increase
• B)increase;decrease
• C)decrease;increase
• D)decrease;decrease

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Definitions:

Extinction

In behavior psychology, the gradual weakening and eventual disappearance of a conditioned response tendency.

Cravings

Intense desires or urges for specific substances or experiences, often associated with addiction and withdrawal.

Quit Smoking

The process of stopping the habit of smoking tobacco products, often involving withdrawal symptoms and requiring significant effort and support.

German Invasion

Refers to military incursions by Germany, especially those during World War I and World War II.