Author Question: Higher rates of interest increase the opportunity cost of holding money balances. a. True b. False ... (Read 66 times)

Jipu 123

  • Hero Member
  • *****
  • Posts: 569
Higher rates of interest increase the opportunity cost of holding money balances.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

According to monetarists, changes in the money supply have long-lasting effects on the equilibrium level of real GDP.
 a. True
  b. False
  Indicate whether the statement is true or false



miss.ashley

  • Sr. Member
  • ****
  • Posts: 371
Answer to Question 1

True

Answer to Question 2

False



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

For a complete list of videos, visit our video library