This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: As opportunity cost of holding money increases, people can A) do nothing. B) increase the demand ... (Read 161 times)

Jkov05

  • Hero Member
  • *****
  • Posts: 556
on: Jun 30, 2018
As opportunity cost of holding money increases, people can
 
  A) do nothing.
  B) increase the demand for money but not the quantity of money they hold.
  C) find a better job.
  D) try to maximize marginal benefit.
  E) seek substitutes for money.

Question 2

The line showing potential GDP is a vertical straight line because
 
  A) it represents the minimum level of real GDP in a recession.
  B) when nothing else changes, a higher price level has no effect on real GDP.
  C) the aggregate supply curve is upward sloping.
  D) economists are unsure about how to determine potential GDP.
  E) there is only one level of full employment at any point in time.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

babybsemail

  • Sr. Member
  • ****
  • Posts: 304
Reply #1 on: Jun 30, 2018
Answer to Question 1

E

Answer to Question 2

E


Jkov05

  • Member
  • Posts: 556
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

cici

  • Member
  • Posts: 325
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Paths taken by honeyguides leading people to bees' nests Paths taken by honeyguides leading people to bees' nests
As a result of sharing its environment with humans, this macaque had the opportunity to steal an ast As a result of sharing its environment with humans, this macaque had the opportunity to steal an ast
More People Are Living in Cities More People Are Living in Cities
Typical Startup Cost Categories Cont. Typical Startup Cost Categories Cont.
Growth in the demand for oil from the developing world Growth in the demand for oil from the developing world
People are living longer today than in previous decades People are living longer today than in previous decades
Video: Ultrasound of a Fetus (Sonogram)

For a complete list of videos, visit our video library