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In the Market for Money, the _____ Rate Is the Price

Question 21

Multiple Choice

In the market for money, the _____ rate is the price because it:


A) interest; is the opportunity cost of holding money.
B) interest; varies in response to monetary policy.
C) foreign exchange; impacts net exports.
D) foreign exchange; affects the desirability of holding cash balances.

Correct Answer:

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