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valputin valputin
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Posts: 5754
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8 years ago
If there are economies of scale in the transactions demand for money, as income increases, money demand
A) does not change.
B) increases less than proportionately.
C) increases more than proportionately.
D) increases proportionately.
Textbook 
The Economics of Money, Banking and Financial Markets, Business School Edition

The Economics of Money, Banking and Financial Markets, Business School Edition


Edition: 4th
Author:
Read 148 times
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Our course uses > The Economics of Money, Banking and Financial Markets
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Answer verified by a subject expert
MeelaMeela
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Posts: 5283
8 years ago
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valputin Author
wrote...
8 years ago
Perfect answer, thx
Our course uses > The Economics of Money, Banking and Financial Markets
wrote...
8 years ago
Slight Smile Good luck with the rest
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