As the interest rate __________, the opportunity cost of holding money __________ and individuals choose to hold __________ money
A) increases; increases; more
B) increases; decreases; more
C) increases; decreases; less
D) decreases; increases; more
E) decreases; decreases; more
E
Economics
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When disposable income is zero, consumption expenditure is
A) also zero. B) negative. C) equal to induced consumption expenditure. D) equal to autonomous consumption. E) None of the above answers is correct.
Economics
Charitable activity _____
a. is a Pareto superior move b. is a Pareto optimal move c. is unnecessary given today's redistribution policies d. is unaffected by free riding
Economics