When part of the quantity of money is held in currency, then ...

[neverstopbelieb]

When part of the quantity of money is held in currency, then
 
  A) a currency drain occurs.
  B) there is a higher level of excess reserves.
  C) the money multiplier will increase in value.
  D) the Fed will find it beneficial to increase the discount rate.

Question 2

Marginal cost is the opportunity cost
 
  A) that your activity imposes on someone else.
  B) that arises from producing one more unit of a good or service.
  C) of a good or service that exceeds its benefit.
  D) of a good or service divided by the number of units produced.

[orangecrush]

Answer to Question 1

A

Answer to Question 2

B

[neverstopbelieb]

Thanks for the timely response, appreciate it

[brbarasa]

Wow, this really help