Higher rates of interest increase the opportunity cost of holding money balances. a. True b. False ...

Author Question: Higher rates of interest increase the opportunity cost of holding money balances. a. True b. False ... (Read 134 times)

Jipu 123

Hero Member
Posts: 569

on: Jun 30, 2018

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

Reply #1 on: Jun 30, 2018

Answer to Question 1

True

Answer to Question 2

False

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