Answer to Question #58957 in Macroeconomics for Sadiki Porteous

Question #58957
Sadiki Peter and Jane receive the same annual income, but Peter , who gets paid monthly, will have a much higher demand for active balances than Jane, who gets paid weekly. a. Is this statement true ? b. Justify your answer.
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Expert's answer
2016-04-07T08:42:05-0400
The answer to the question is available in the PDF file https://www.assignmentexpert.com/homework-answers/economics-answer-58957.pdf

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