When the nominal interest rate rises, the opportunity cost of ...

[vHAUNG6011]

When the nominal interest rate rises, the opportunity cost of holding money
 
  A) rises and people hold more money.
  B) falls and people hold less money.
  C) falls and people hold more money.
  D) rises and people hold less money.

Question 2

In the above figure, a technologically inefficient point is
 
  A) a.
  B) e.
  C) g.
  D) f.

[rleezy04]

Answer to Question 1

D

Answer to Question 2

D