Multiple Choice
For the U.S.economy,money holdings are a
A) large part of household wealth,and so the interest-rate effect is large.
B) large part of household wealth,and so the wealth effect is large.
C) small part of household wealth,and so the interest-rate effect is small.
D) small part of household wealth,and so the wealth effect is small.
Correct Answer:
Verified
Correct Answer:
Verified
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