Author Question: Higher rates of interest increase the opportunity cost of holding money balances. a. True b. False ... (Read 110 times)

Jipu 123

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Higher rates of interest increase the opportunity cost of holding money balances.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

According to monetarists, changes in the money supply have long-lasting effects on the equilibrium level of real GDP.
 a. True
  b. False
  Indicate whether the statement is true or false



miss.ashley

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Answer to Question 1

True

Answer to Question 2

False



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