Author Question: As the nominal interest rate increases, the opportunity cost of holding money ________ and the ... (Read 129 times)

bobbie

  • Hero Member
  • *****
  • Posts: 592
As the nominal interest rate increases, the opportunity cost of holding money ________ and the quantity of money demanded ________.
 
  A) decreases; decreases
  B) increases; increases
  C) decreases; increases
  D) increases; decreases
  E) increases; does not change because people need money

Question 2

Labor force productivity has increased from 30 per hour to 32 per hour over the past year. This could result from
 
  A) an increase in real GDP with no change in the aggregate hours or a decrease in aggregate hours with no change in real GDP.
  B) only an increase in real GDP.
  C) an increase in population.
  D) an increase in the labor force participation rate.
  E) only a decrease in aggregate hours.



alvinum

  • Sr. Member
  • ****
  • Posts: 317
Answer to Question 1

D

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

For a complete list of videos, visit our video library