« previous next »

Author Question: Why is the demand for real money balances downward sloping? A) because the opportunity cost of ... (Read 68 times)

kshipps

  • Hero Member
  • *****
  • Posts: 571
on: Jun 30, 2018
Why is the demand for real money balances downward sloping?
 
  A) because the opportunity cost of holding money decreases as interest rates decrease
  B) because when the interest rate falls the quantity of money demanded increases
  C) because lower interest rates encourage firms and households to increase their money holdings
  D) all of the above
  E) none of the above

Question 2

Money is ________.
 
  A) an asset
  B) a unit of measure
  C) a tool
  D) all of the above
  E) none of the above


ntsoane kedibone

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

kshipps

  • Hero Member
  • *****
  • Posts: 571
Reply #2 on: Jun 30, 2018
Thank you :)


ntsoane kedibone

  • Sr. Member
  • ****
  • Posts: 333
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Ronald Reagan rides a horse—a familiar photo opportunity for presidents. But Reagan was an amiable ... Ronald Reagan rides a horse—a familiar photo opportunity for presidents. But Reagan was an amiable ...
How to use the discriminant to determine the value of k in a quadratic with no real roots How to use the discriminant to determine the value of k in a quadratic with no real roots
How to use the discriminant to determine the value of k in a quadratic with one real root How to use the discriminant to determine the value of k in a quadratic with one real root
Calculate the weighted-average cost of the following inventory purchases:DateQuantity ... Calculate the weighted-average cost of the following inventory purchases:DateQuantity ...
Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price. Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price.
Grade 1 learn Canadian money Grade 1 learn Canadian money
Video: Mendel's pea plant, Pisum sativum experimental

For a complete list of videos, visit our video library