Author Question: When a person holds money, they give up A) the pleasure associated with spending money. B) the ... (Read 164 times)

audie · **on:** Jun 29, 2018

When a person holds money, they give up

A) the pleasure associated with spending money.
B) the pleasure associated with saving money.
C) the interest that could have been earned if the money had been changed into an interest-bearing asset.
D) nothing, since the person can always use the money to buy goods or services or interest-bearing assets.

Question 2

A change in quantity demanded

A) is a shift of the demand curve.
B) is a movement along the demand curve.
C) can be either a shift or a movement along the demand curve.
D) is caused when there is a change in a ceteris paribus factor.