Which of the following causes the opportunity cost of holding money in the form of cash to decrease?
A. Higher short-term yields.
B. Lower interest rates.
C. Higher long-term yields.
D. Higher reserve requirement.
Answer: B
You might also like to view...
The official government measure of poverty uses the relative approach to defining poverty
Indicate whether the statement is true or false
An increase in costs will:
a) Shift aggregate demand b) Shift aggregate supply c) Reduce the natural rate of unemployment d) Increase the productivity of employees
Which of the following is not a true barrier to human capital development in poor nations?
A. Illiteracy. B. Prohibitive costs to meet basic needs. C. Inequality trap. D. Access to health care professionals.
If an economy is producing on its production possibility frontier but is not producing what people want, the economy
A. is not achieving output efficiency. B. is experiencing technological advancement. C. is producing at more than one point on the production possibility frontier. D. is not being productively efficient.