As interest rates rise, the opportunity cost of holding money ________ and the demand for money ________
A) rises; rises
B) rises; falls
C) falls; rises
D) falls; falls
B
Economics
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Consider the demand curves for soft drinks shown in the figure above. Suppose the economy is at point a. An increase in the price of a soda results in a movement to a point such as
A) none of the points illustrated. B) b. C) c. D) d.
Economics
A higher required reserve ratio _________ the value of the simple deposit multiplier
A. Increases B. Decreases C. Eliminates
Economics