Author Question: As the nominal interest rate increases ________. A) it becomes more costly to hold money instead ... (Read 75 times)

BRWH

  • Hero Member
  • *****
  • Posts: 553
As the nominal interest rate increases ________.
 
  A) it becomes more costly to hold money instead of bonds
  B) the quantity of money demanded falls
  C) the opportunity cost of holding money rises
  D) all of the above
  E) none of the above

Question 2

A consumer is a borrower if
 
  A) optimum current consumption is less than current disposable income.
  B) optimum current consumption is greater than current disposable income.
  C) future disposable income is greater than current disposable income.
  D) the consumer's indifference curves are relatively steep.



Ptupou85

  • Sr. Member
  • ****
  • Posts: 334
Answer to Question 1

D

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

For a complete list of videos, visit our video library