If R > q, then
A) the marginal benefit of using cash exceeds the marginal cost.
B) the nominal interest rate is not in equilibrium.
C) the real interest rate does not reach its equilibrium value.
D) the marginal cost of using the credit card exceeds the marginal benefit.
E) the marginal benefit of using the credit card exceeds the marginal cost.
Correct Answer:
Verified
Q2: The real return on bonds is
A)the return
Q3: To increase the nominal money supply, the
Q4: Money is useful in exchange when
A)credit transactions
Q5: The excess demand for overnight funds is
A)perfectly
Q6: In a corridor system, if the excess
Q7: Government printing of money to finance government
Q8: The nominal money demand is defined
Q9: Fiat money is
A)currency found in Europe.
B)Canadian currency
Q10: Use of money to save up for
Q11: The double coincidence of wants problem is
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