The opportunity cost of holding money balances increases when: ...

[Anajune7]

The opportunity cost of holding money balances increases when:
 a. the inflation rate decreases.
  b. the interest rate increases.
  c. the interest rate decreases.
  d. GDP is far from full employment.

Question 2

Which of the following is not a variable in the index of leading indicators?
 a. Average work week.
  b. Duration of unemployment.
  c. Employment claims.
  d. New businesses.

[olderstudent]

Answer to Question 1

b

Answer to Question 2

b

[Anajune7]

Thanks for the timely response, appreciate it

[isabelt_18]

Great answer, keep it coming