Concept Question 1.5 Which of the following is an example of the transactions de

Question

Concept Question 1.5 Which of the following is an example of the transactions demand for money? O A. Since the stock market has been volatile lately. Jean holds most of her savings in a bank account O B. Marianne uses money in her checking account to buy groceries every week O C. Joan believes that gold is an excellent store of value. O D. Carla keeps $2,000 in a bank account in case of emergencies Click to select your answer and then click Check Answer Clear All This course (ECON 2105-051, Summer 2018) is based on Miller Economics Today 18e

Explanation / Answer

Ans:

Option B

Marianne uses money in her checking account to buy groceries every week.

The transactions demand for money means money functioning as a medium of exchange.In this case money is used buy groceries.

Related Questions

Navigate

• Browse (All)
• Browse C
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.