The opportunity cost of holding money is
A) zero.
B) the inflation rate.
C) the real interest rate.
D) the nominal interest rate.
D
Economics
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Use the above table. If firms 3 and 4 merge, the four-firm concentration ratio will
A) increase from 75 percent to 80 percent. B) increase from 60 percent to 75 percent. C) decrease from 75 percent to 60 percent. D) not change.
Economics
To achieve a $500 billion decrease in AD, if the MPC is 0.8, what decrease in government purchases would be called for?
a. $100 billion b. $400 billion c. $500 billion d. $625 billion
Economics