When the nominal interest rate falls, the opportunity cost of ...

[jeatrice]

When the nominal interest rate falls, the opportunity cost of holding money
 
  A) decreases and there is a movement downward along the demand for money curve.
  B) increases and there is a movement upward along the demand for money curve.
  C) decreases and the demand for money curve shifts rightward.
  D) increases and the demand for money curve shifts rightward.
  E) decreases and the demand for money curve shifts leftward.

Question 2

The expenditure approach values ________ and the income approach values ________.
 
  A) goods and services at market prices; goods and services at factor prices
  B) services only at factor prices; goods only at market prices
  C) only goods at market prices; only services at factor prices
  D) goods and services at market prices; services at factor prices
  E) goods and services at factor prices; goods and services at market prices

[Jane]

Answer to Question 1

A

Answer to Question 2

A

[jeatrice]

Thank you

[Jane]

Happy to help you