The opportunity cost of holding money is
A. the interest income foregone.
B. contractionary monetary policy.
C. the transactions demand for money.
D. the monetary rule.
Answer: A
You might also like to view...
Ticket “scalping” is an example of
A. experimental economics. B. the limitation of the volume of transactions. C. the development of a black market. D. favoritism.
A leveraged buyout is
A) a form of short-term lending to finance companies when they buy a company. B) the acquisition of a company financed by debt. C) the sale of commercial paper to finance purchases of bundles of securitized non-traded loans. D) borrowing by finance companies to make loans.
A graphical representation of the choices between two allocations of resources is called
A) the production possibilities frontier. B) supply and demand. C) the free choice model. D) the moral hazard model.
If the demand for a good increased, what would be the effect on the equilibrium price and quantity?
What will be an ideal response?