The opportunity cost of holding money is the A) nominal ...

[NClaborn]

The opportunity cost of holding money is the
 
  A) nominal interest rate on assets other than money.
  B) price of goods and services.
  C) level of wage and rental income.
  D) ease with which an asset can be converted into a means of payment.

Question 2

The neoclassical growth theory concluded that economic growth is temporary because of a population explosion that occurs as a result of economic growth.
 
  Indicate whether the statement is true or false

[al]

Answer to Question 1

A

Answer to Question 2

FALSE