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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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on: Jun 29, 2018
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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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


go.lag

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  • Posts: 667
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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