Trudy's income is $2,500 a month. She deposits $800 in a saving account, buys $500 worth of governme

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Trudy's income is $2,500 a month. She deposits $800 in a saving account, buys $500 worth of governme

Trudy's income is $2,500 a month. She deposits $800 in a saving account, buys $500 worth of government securities, and leaves the rest for daily transactions. Trudy's money demand is:
A) $1,200.
B) $3,800.
C) $1,700.
D) $2,000.

Textbook

Principles of Macroeconomics

Edition: 11^th

Authors: Case, Fair, Oster

Read 217 times

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8 years ago

Good answer, thanks.

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