The opportunity cost of holding money is:
A. heavy and awkward.
B. the probability of theft or loss.
C. the ease of conducting everyday business.
D. the return that could have been earned from holding wealth in other assets.
Answer: D
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The text points out that terrorism might best be thought of as
a. an ability to accomplish specific and long-lasting political goals. b. a new type of weapon. c. a temporary and diminishing threat. d. a new kind of war.
Populists proved themselves to be strong "quantity theory" activists by
(a) pushing the government to provide a general level of money demand that could be kept abreast of farm output. (b) advancing public education and woman suffrage efforts. (c) trying to prohibit corporate subsidies. (d) seeking to reserve land and other natural resources for farm and conservation use.