During periods of high inflation, people want to hold as much money as possible

Which one of the following statements is false if we increase the discount rate used to allocate a resource across two time periods?

a. The resource will tend to be used up quicker b. The price of the resource will tend to rise faster c. Current consumption of the resource will increase d. The appropriate resource depletion tax will increase e. Future supplies of the resource will decrease

The main reason people hold money is that

A) money is intrinsically valuable. B) money is used to buy goods and services. C) money is power. D) money provides a standard of value.