If interest rates fall, the opportunity cost of spending money today rather than tomorrow

A. rises.
B. falls.
C. rises only if the prices of goods today rise.
D. falls only if the prices of goods today fall.

Answer: B

Economics

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The table above has information about the CPI, nominal wage rate, and nominal interest rate for the country of Syldavia for the years 2010 to 2012. The reference base year is 2010. The inflation rate in Syldavia from 2010 to 2011 was

A) 5.0 percent. B) -9.5 percent. C) 3.0 percent. D) 9.5 percent. E) -5.0 percent.

Economics

Some governments have adopted statutes that require, under certain circumstances, payment greater than fair market value be paid to property owners for property seized through eminent domain

Indicate whether the statement is true or false

Economics