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Author Question: The opportunity cost of holding money balances rather than holding other assets is A) the nominal ... (Read 179 times)

go.lag

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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



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kswal303

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Answer to Question 1

A

Answer to Question 2

C




go.lag

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


sailorcrescent

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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