When the interest rate decreases, the opportunity cost of holding money
a. increases, so the quantity of money demanded increases.
b. increases, so the quantity of money demanded decreases.
c. decreases, so the quantity of money demanded increases.
d. decreases, so the quantity of money demanded decreases.
c
You might also like to view...
If a seller charges a buyer the exact price the buyer is willing to pay, then the buyer would
A) not buy the good. B) receive the maximum consumer surplus. C) receive no benefit from the good. D) receive no consumer surplus from that unit of the good. E) suffer a deadweight loss from buying the good.
In general, which the following is NOT true about the "new" immigrants that arrived after 1880?
a. They experienced pervasive wage and hiring discrimination. b. They originated mostly from south and eastern Europe. c. They took the lowest positions in the social strata. d. All of the above are true about the "new" immigrants.
Using a graph, explain the relationship between average cost and marginal cost.
What will be an ideal response?What will be an ideal response?
Most immigration is the result of immigrants migrating to
A. avoid political persecution in their home countries. B. flee civil unrest in their home countries. C. obtain jobs at a higher rate of pay than they can receive in their home countries. D. take advantage of entitlement programs in the destination country.