An example of a double coincidence of wants is: a car mechanic who wants a TV fi
ID: 1214218 • Letter: A
Question
An example of a double coincidence of wants is: a car mechanic who wants a TV finding an owner of an electronics store who wants a car repaired. a car dealer who wants a TV finding an electronics store owner who wants money. an electronics store owner who wants car repairs finding a car mechanic who wants money. a car dealer who wants a new employee finding a car mechanic who wants money. The opportunity cost of holding money is: zero. the interest rate when someone uses a credit card. the difference between interest rates on monetary assets and on nonmonetary assets, the discount rate. Which of the following financial assets belongs to M2 but not to M1? a savings account a checkable deposit currency traveler's checks Some argue that budget deficits will lead to reduced private appending because: the government will purpose so many goods and services that it will lead to a shortage of consumer goods and services. Budgets deplicts will reduce interest rates on saving and decrease consumers' wealth. Consumer, anticipating higher taxes, will reduce consumpation to save money to pay the taxes. The government will have to increase transfer payments to finance the defilcit.Explanation / Answer
12 Interest rate when soneone uses the credit card
13 Savings Account
14 Consumers anticipatingg higher taxes .will reduce consumption to save money to pay the future taxes.
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