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Author Question: The opportunity cost of holding money balances rather than holding other assets is A) the nominal ... (Read 174 times)

go.lag

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on: Jun 29, 2018
The opportunity cost of holding money balances rather than holding other assets is
 
  A) the nominal interest rate.
  B) the price level.
  C) forgone consumption.
  D) forgone liquidity.

Question 2

In the above figure, at the equilibrium price and quantity, consumer surplus is ________.
 
  A) 90
  B) 60
  C) 45
  D) 30


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kswal303

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


go.lag

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

bimper21

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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