The opportunity cost of holding money is the
A) price of goods and services.
B) level of wage and rental income.
C) ease with which an asset can be converted into a means of payment.
D) nominal interest rate on assets other than money.
Correct Answer:
Verified
Q348: Which of the following decreases the demand
Q349: The opportunity cost of holding money refers
Q350: The nominal demand for money is
A) proportional
Q351: The demand for money is
A) negatively related
Q352: The demand for nominal money
A) is the
Q354: If the price level doubles, the
A) nominal
Q355: The demand for money is
A) negatively related
Q356: The opportunity cost of holding money is
Q357: The opportunity cost of holding money balances
Q358: A decrease in the interest rate
A) decreases
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