Answer the question on the basis of the following information. Suppose the members of population A, consisting of Al, Bob, Curt, Doris, and Ellie, receive annual incomes of $5,000, $2,500, $1,250, $750, and $500, respectively. Refer to the given

Demand for pork (a normal good) will shift to the left if consumer income in China decreases.

a. true b. false

The cost of holding money is best described as

A) the cost of printing money. B) the cost which price decreases impose on money holders. C) the yield which is paid to money holders by the U.S. government. D) the yield that could have been earned had the asset been held in another form.