QUESTION 33 Which of the following is true? OA. Individuals have an infinite emand to hold cash-balances. OB. Unemployed resources are actually scarce. OC. The "Paradox of Thrift" causes recessions OD. The size of the underground economy does not depend on tax rates. OE. The "Liquidity Trap" infers money velocity approaches infinity

ENGR.ECONOMIC ANALYSIS
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QUESTION 33
Which of the following is true?
OA. Individuals have an infinite emand to hold cash-balances.
OB. Unemployed resources are actually scarce.
OC. The "Paradox of Thrift" causes recessions
OD. The size of the underground economy does not depend on tax rates.
OE. The "Liquidity Trap" infers money velocity approaches infinity
Transcribed Image Text:QUESTION 33 Which of the following is true? OA. Individuals have an infinite emand to hold cash-balances. OB. Unemployed resources are actually scarce. OC. The "Paradox of Thrift" causes recessions OD. The size of the underground economy does not depend on tax rates. OE. The "Liquidity Trap" infers money velocity approaches infinity
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