Basic determinant of transactions demand and asset demand
Describe the basic determinant of (a) the transactions demand and (b) the asset demand for money?
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(a) The level of nominal GDP. The superior this level, the greater the amount of money demanded for transactions. (b) The interest rate. The greater the interest rate, the lesser the amount of money demanded as an asset.
Plan of Financial Adjustment (PFA): This is the plan proposed by a department, accepted by the Department of Finance, and acknowledged by the State Controller's Office (SCO), to allow the SCO to assign costs paid from one item to one
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Operating Expenses and Equipment (OE&E): This is a class of a support appropriation which comprises objects of expenditure like general expenses, communication, printing, travel, data processing, tools, and accessories for the equipment.
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