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Author Question: As the interest rate falls, people hold ________ money in non-interest-bearing checking accounts ... (Read 198 times)

audragclark

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Question 1

The central function of the Fed is to help manage the macroeconomy by setting the interest rate.


◦ true
◦ false

Question 2

As the interest rate falls, people hold ________ money in non-interest-bearing checking accounts instead of savings accounts because the opportunity cost of holding money has ________.


◦ more; fallen
◦ less; fallen
◦ less; risen
◦ more; risen


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Marked as best answer by audragclark on Apr 19, 2019

skipfourms123

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