Hold high sums of money in checking and savings account

Assignment Help Business Economics

Reference no: EM131389147

Money demand occurs because people ____ and will pay a price for it known as the interest rate. This ____ true for those who hold high sums of money in a checking and savings account. a. have insufficient income for many of their needs // is also b. have insufficient in come for many of their needs // is not c. need to have a certain amount of liquidity since non-liquid assets cannot be easily traded /is also d. need to have a certain amount of liquidity since non-liquid assets cannot be easily traded / is not

Reference no: EM131389147

Questions Cloud

Write it iteratively and compare the two versions : Quicksort is most naturally expressed recursively. Write it iteratively and compare the two versions. (Hoare describes how hard it was to work out quicksort iteratively, and how neatly it fell into place when he did it recursively.)

Identify a specific ncaa : Select an athletic program (i.e., specific college sports team) participating at the NCAA Division I level. Please identify a specific NCAA D-I athletic team (e.g., football or women's lacrosse) in your initial forum.

What are adlers rights if any against topping on the note : Topping refused upon the ground that McLaughlin had not painted or reshingled her barn. What are Adler's rights, if any, against Topping on the note?

Are international trade flows successfully explained : Are international trade flows successfully explained by the Hecksher-Ohlin model? (b) What is the strategic trade argument for protection? Is it valid?

Hold high sums of money in checking and savings account : Money demand occurs because people ____ and will pay a price for it known as the interest rate. This ____ true for those who hold high sums of money in a checking and savings account.

What is the outcome in the given contention : After McEnolly had paid two installments, the refrigerator ceased operating, and McEnolly wishes to recover his down payment and first two monthly payments and to discontinue further payments. What outcome?

Discuss about the post given below : African American Health is important to study because the different types of chronic illnesses are important to learn about. We can get a better understanding of what the cause might be of these different types of illnesses and medical conditions...

Design and implement library for creating csv-formatted data : A more sophisticated version might use a format string analogous to printf. Look at Chapter 9 for some suggestions on notation.

Is davis a holder in due course : Upon refusal of Barton to pay the note, Davis sues Barton for $5,000. Is Davis a holder in due course or, if not, does he have the rights of a holder in due course? Explain.

User Account

All Pages