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Author Question: When part of the quantity of money is held in currency, then A) a currency drain occurs. B) ... (Read 138 times)

neverstopbelieb

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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.



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orangecrush

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Answer to Question 1

A

Answer to Question 2

B




neverstopbelieb

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


blakcmamba

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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