When interest rate increases, opportunity cost of holding money?
Answer: increases so the quantity of money demanded decreases
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Use the following table to answer the question below.Alexandra's Production Possibilities ScheduleNatalia's Production Possibilities ScheduleNumber of Scarfs Knitted per dayNumber of Sweaters Knitted per dayNumber of Scarfs Knitted per hourNumber of Sweaters Knitted per hour040433236242916112080What is Natalia's opportunity cost of knitting a sweater?
A. 1/2 of a scarf B. 1/3 of a scarf C. 2 scarves D. 3 scarves
Unemployment insurance increases frictional unemployment
a. True b. False Indicate whether the statement is true or false
What is a patent?
What will be an ideal response?
To keep the population in an economy stable, the total fertility rate (average number of births per woman in her lifetime) must be about:
A. 4.2 B. 1.5 C. 5.1 D. 2.1