This topic contains a solution. Click here to go to the answer

Author Question: The opportunity cost of holding money balances rather than holding other assets is A) the nominal ... (Read 188 times)

go.lag

  • Hero Member
  • *****
  • Posts: 667
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



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kswal303

  • Sr. Member
  • ****
  • Posts: 316
Answer to Question 1

A

Answer to Question 2

C




go.lag

  • Member
  • Posts: 667
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


dantucker

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Gracias!

 

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

For a complete list of videos, visit our video library