An rise in interest rates causes a(n)
A) decrease in the quantity demanded of money.
B) decrease in the opportunity cost of holding money.
C) decrease in cost of borrowing money.
D) increase in the demand for money.
E) decrease in the demand for money.
Correct Answer:
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Q15: The law of demand for money says
A)
Q16: In a world where Say's Law always
Q17: When average prices fall, the
A) quantity demanded
Q18: Bonds offer a(n)
A) uncertain stream of payments
Q19: The law of demand for money says
A)
Q21: The opportunity cost of holding money is
Q22: Liquidity is the opportunity cost of holding
Q23: As a unit of account, money allows
Q24: Liquidity is the
A) opportunity cost of holding
Q25: When Vladimir uses money to buy bonds,
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