Author Question: The opportunity cost of holding money is measured by the rate of interest. a. True b. False ... (Read 31 times)

cartlidgeashley · **on:** Jun 30, 2018

The opportunity cost of holding money is measured by the rate of interest.
a. True
b. False
Indicate whether the statement is true or false

Question 2

Which of the following is true?
a. The GDP gap is the difference between actual real GDP and full-employment real GDP.
b. We desire economic growth because it increases the nation's standard of living.
c. Economic growth is measured by the annual percentage increase in a nation's real GDP.
d. Discouraged workers are a reason critics say the unemployment rate is understated.
e. All of these are true.