In the long run, the interest rate is determined in the money market

If a market system is functioning well, we can conclude that goods with

a. high opportunity costs tend to have high money costs. b. low opportunity costs tend to have high money costs. c. high opportunity costs tend to have low money costs. d. low opportunity costs tend to have zero money costs. e. high opportunity costs tend to have zero money costs.

The public often overestimates the negative effects of inflation due to a focus on nominal rates of interest.

Answer the following statement true (T) or false (F)