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Keynes Argued That the Transactions Component of the Demand for Money

question 100

Multiple Choice

Keynes argued that the transactions component of the demand for money was primarily determined by the level of people's ________,which he believed were proportional to ________.


Definitions:

Office 365

A subscription-based suite of office productivity applications and services offered by Microsoft, including Word, Excel, PowerPoint, and more.

Microsoft Office 365

A suite of cloud-based productivity and collaboration applications by Microsoft that includes Word, Excel, PowerPoint, and more.

Locally

Pertaining to or occurring in a specific area or community; often contrasted with nationally or globally.

Online

Connected to or available through the internet.

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