As the nominal interest rate increases, the opportunity cost of holding money ________ and the quantity of money demanded ________.
A) decreases; decreases
B) increases; increases
C) decreases; increases
D) increases; decreases
E) increases; does not change because people need money
Question 2
Labor force productivity has increased from 30 per hour to 32 per hour over the past year. This could result from
A) an increase in real GDP with no change in the aggregate hours or a decrease in aggregate hours with no change in real GDP.
B) only an increase in real GDP.
C) an increase in population.
D) an increase in the labor force participation rate.
E) only a decrease in aggregate hours.
Painting of a Colonial American boy holding a pet squirrel.
The signal voltage from a throttle position increases as the throttle is opened because the wiper ...
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Outgroup role in relative rate test
After 159 days,she paid a maturity value of $11,626, which included interest of $814.