The opportunity cost of holding money is
A) the price level.
B) the interest rate.
C) the inverse of the price level multiplied by the interest rate.
D) real GDP.
Correct Answer:
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Q353: Financial innovations can have the effect of
A)
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
Q359: The opportunity cost of holding money balances
Q361: When the interest rate rises, the quantity
Q362: The quantity of money people want to
Q364: When real GDP increases, the demand for
Q365: The demand for money curve
A) has a
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