Examlex
Which of the following would be expected to increase the demand for money in the U.S.?
Recession
A noticeable drop in economic activity that affects the entire economy, enduring beyond several months, usually evidenced in real GDP, real income, employment, industrial production, and wholesale-retail sales.
Transfer Payments
Payments made by the government to individuals, without the government receiving any goods or services in return.
Nondiscretionary Fiscal Policy
involves government policies, like taxation and certain types of government spending, that are not easily altered and automatically adjust to economic conditions.
Aggregate Demand
The whole of economic demand for goods and services at a given price level, within a certain time range.
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