This topic contains a solution. Click here to go to the answer

Author Question: The opportunity cost of holding money balances rather than holding other assets is A) the nominal ... (Read 168 times)

go.lag

  • Hero Member
  • *****
  • Posts: 667
The opportunity cost of holding money balances rather than holding other assets is
 
  A) the nominal interest rate.
  B) the price level.
  C) forgone consumption.
  D) forgone liquidity.

Question 2

In the above figure, at the equilibrium price and quantity, consumer surplus is ________.
 
  A) 90
  B) 60
  C) 45
  D) 30



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kswal303

  • Sr. Member
  • ****
  • Posts: 316
Answer to Question 1

A

Answer to Question 2

C




go.lag

  • Member
  • Posts: 667
Reply 2 on: Jun 29, 2018
Wow, this really help


ryansturges

  • Member
  • Posts: 338
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

For a complete list of videos, visit our video library