As a unit of account, money allows you to easily see the relative prices of all products and services.
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Q18: Bonds offer a(n)
A) uncertain stream of payments
Q19: The law of demand for money says
A)
Q20: An rise in interest rates causes a(n)
A)
Q21: The opportunity cost of holding money is
Q22: Liquidity is the opportunity cost of holding
Q24: Liquidity is the
A) opportunity cost of holding
Q25: When Vladimir uses money to buy bonds,
Q26: Bonds pay interest and provide liquidity.
Q28: An increase in real GDP increases the
A)
Q46: The interest rate is the opportunity cost
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