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Author Question: The opportunity cost of doing something can be defined as the value of the next-best alternative. ... (Read 52 times)

Capo

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on: Jun 29, 2018
The opportunity cost of doing something can be defined as the value of the next-best alternative.
 
  Indicate whether the statement is true or false

Question 2

When the Federal Reserve increases the federal funds rate, bank loans ________, the supply of loanable funds ________, and the real interest rate ________.
 
  A) increase; increases; falls
  B) decrease; decreases; rises
  C) increase; increases; rises
  D) do not change; decreases; rises
  E) decrease; does not change; rises


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Shshxj

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

TRUE

Answer to Question 2

B


Capo

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

gcook

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Reply 3 on: Yesterday
Excellent

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