The opportunity cost of holding money is measured by the:
a. interest rate
b. liquidity lost by holding money.
c. money supply curve.
d. inflation rate.
e. cost of cashing in financial assets.
a
Economics
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Human capital refers to
A) the money people have. B) the wealth people have. C) the machines workers have to work with. D) the accumulated skills and training workers have.
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In Figure 3-3 above, autonomous planned spending is
A) 400. B) 400 + 0.6Y. C) 0.8Y. D) 400 - 0.6Y. E) 0.
Economics