Social Studies, 03.09.2019 00:10 andy18973

The basic determinant of the transactions demand for money is the
a. price level.
b. reserve ratio.
c. level of nominal gdp.
d. interest rate.

Answers: 2

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Answer from: gunnatvinson

The correct answer is option c.

Explanation:

The transactions demand for money means that money is demanded to make payments for day to day transactions. As the nominal GDP increases, there is an increase in income as a level. With more income, people will consume more which more transactions. People will need more money to pay for these transactions. So more will be the demand for money.

Thus we can say that the basic determinant of transactions demand for money is the level of nominal GDP.

Answer from: Quest

answer; /// pinkberry and red mango are different in that pinkberry tries to convey a sense of (playfulness)while red mango tries to communicate (nutritional benefits and

Answer from: Quest

answer: cannibalism, the capac raymi, capacocha, the eight day feast, the combing of the hair

explanation:

the incas have many rituals, cannibalism was always a very ritual thing, which was normally tied to sacrifices, warfare, death, and regeneration.

the capac raymi was one of the most important ceremonies. it occurred around the summer solstice and was when they worshiped their sun god, also known as inti.

the capacocho was another one of their most important ceremonies. it was when many children where selected to start their training, and these children where destined to become sacrificial blessings to their sun god, inti. being chosen for this ritual was a blessing.

the eight day feast was a feast that lasted 8 days and, each day, the day began with a chanting at dawn. a follow up song at noon. which ended with complete silence at the end of the day. on this day, inca royalty was always dressed in silver and gold laced clothing.

the combing of the hair was the most important ritual to young girls. this ritual was known as the coming of age ceremony, but only the most beautiful girls where chosen. in this ceremony, the girls chose their new name and where chosen as either brides, or princesses of rulers.

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The basic determinant of the transactions demand for money is the
a. price level.
b. re...

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