If There Are Economies of Scale in the Transactions Demand

question 13

Multiple Choice

If there are economies of scale in the transactions demand for money,as income increases,money demand

• A)increases proportionately.
• B)increases less than proportionately.
• C)increases more than proportionately.
• D)does not change.

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Immigration Law

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A requirement or obligation imposed by the federal government on state or local governments without providing the necessary funds for compliance.

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