Author Question: As the nominal interest rate increases ________. A) it becomes more costly to hold money instead ... (Read 63 times)

BRWH

  • Hero Member
  • *****
  • Posts: 553
As the nominal interest rate increases ________.
 
  A) it becomes more costly to hold money instead of bonds
  B) the quantity of money demanded falls
  C) the opportunity cost of holding money rises
  D) all of the above
  E) none of the above

Question 2

A consumer is a borrower if
 
  A) optimum current consumption is less than current disposable income.
  B) optimum current consumption is greater than current disposable income.
  C) future disposable income is greater than current disposable income.
  D) the consumer's indifference curves are relatively steep.



Ptupou85

  • Sr. Member
  • ****
  • Posts: 334
Answer to Question 1

D

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

For a complete list of videos, visit our video library