The opportunity cost of holding excess reserves is equal to A) ...

[magmichele12]

The opportunity cost of holding excess reserves is equal to
 
  A) the federal funds rate. B) the federal funds rate minus the discount rate.
  C) the discount rate. D) none of the above.

Question 2

The Consumer Price Index measures the average of the prices paid by urban consumers for a ________ of consumer goods and services.
 
  A) subjective selection
  B) fixed market basket
  C) random selection
  D) least-cost market basket
  E) changing selection

[briseldagonzales]

Answer to Question 1

D

Answer to Question 2

B

[magmichele12]

Great answer, keep it coming

[alvinum]

Thanks for the timely response, appreciate it