« previous next »

Author Question: Why is the demand for real money balances downward sloping? A) because the opportunity cost of ... (Read 75 times)

kshipps

  • Hero Member
  • *****
  • Posts: 571
on: Jun 30, 2018
Why is the demand for real money balances downward sloping?
 
  A) because the opportunity cost of holding money decreases as interest rates decrease
  B) because when the interest rate falls the quantity of money demanded increases
  C) because lower interest rates encourage firms and households to increase their money holdings
  D) all of the above
  E) none of the above

Question 2

Money is ________.
 
  A) an asset
  B) a unit of measure
  C) a tool
  D) all of the above
  E) none of the above


ntsoane kedibone

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

kshipps

  • Hero Member
  • *****
  • Posts: 571
Reply #2 on: Jun 30, 2018
Thank you :)


ntsoane kedibone

  • Sr. Member
  • ****
  • Posts: 333
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Downward movement of the piston lowers the air pressure inside the combustion chamber. The pressure ... Downward movement of the piston lowers the air pressure inside the combustion chamber. The pressure ...
Classic Supply - Demand Curve Classic Supply - Demand Curve
The population of Asia increases rapidly, the demand for food and water is also growing The population of Asia increases rapidly, the demand for food and water is also growing
The introduction of a new generation of electric and hybrid cars will reduce the demand for oil The introduction of a new generation of electric and hybrid cars will reduce the demand for oil
Cost Accounting 14 Cost Accounting 14
During a period of high power demand, the voltage output of the power company is reduced by ... During a period of high power demand, the voltage output of the power company is reduced by ...
Video: Fetal Development of the Cardiovascular System

For a complete list of videos, visit our video library