The following are incomes earned but not received by the nation's households, except:

"OPEC should supply more oil so that the world's economies can grow more rapidly." This is an example of

A) a normative statement. B) a positive statement. C) a decision at the margin. D) OPEC overcoming scarcity.

Suppose you hold $5,000 in cash when the interest rate on bonds is 4 percent. Other things equal, as the bond interest rate declines to 3 percent, you will want to hold more money because the opportunity cost of holding money has decreased

a. True b. False Indicate whether the statement is true or false