Author Question: The opportunity cost of holding money is the A) nominal interest rate on assets other than money. ... (Read 146 times)

NClaborn

  • Hero Member
  • *****
  • Posts: 560
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

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

A

Answer to Question 2

FALSE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...

For a complete list of videos, visit our video library