Increases in the price level A) decrease the opportunity cost ...

[nmorano1]

Increases in the price level
 
  A) decrease the opportunity cost of holding money.
  B) increase the quantity of money needed for buying and selling.
  C) increase the opportunity cost of holding money.
  D) decrease the quantity of money needed for buying and selling.

Question 2

U.S. currency continues to be backed by the gold standard to this day.
 
  Indicate whether the statement is true or false

[komodo7]

Answer to Question 1

B

Answer to Question 2

FALSE

[nmorano1]

Excellent

[T4T]

Thanks for the timely response, appreciate it