From the data given in Table 3-2, the opportunity cost of increased cotton in moving from A to B is

The M2 measure of the money supply equals

A) M1 plus savings account balances plus small-denomination time deposits. B) savings account balances plus small-denomination time deposits plus traveler's checks. C) M1 plus savings account balances plus small-denomination time deposits plus noninstitutional money market fund shares. D) savings account balances plus small-denomination time deposits plus noninstitutional money market fund shares.

Because Keynes assumed that the expected return on money was zero, he argued that people would

A) never hold money. B) never hold money as a store of wealth. C) hold money as a store of wealth when the expected return on bonds was negative. D) hold money as a store of wealth only when forced to by government policy.