The opportunity cost of holding currency is
A) consumption given up.
B) the nominal interest rate.
C) the inflation rate.
D) the real interest rate.
E) the price level.
Correct Answer:
Verified
Q85: Real money is equal to
A)nominal money divided
Q86: Nominal money is equal to real
A)GDP times
Q87: Use the figure below to answer the
Q88: Use the figure below to answer the
Q89: The opportunity cost of holding money increases
Q91: Which one of the following will shift
Q92: Choose the correct statement.
A)The quantity of money
Q93: If households and firms find they are
Q94: Use the figure below to answer the
Q95: Use the figure below to answer the
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