The higher the nominal interest rate, the

A) greater the opportunity cost of holding money.
B) lower the quantity of money demanded.
C) more the demand for money curve shifts leftward.
D) Both answers A and B are correct.

D

Economics

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If events A and B are independent, then Pr[A and B] will be:

a. Pr[A]Pr[B]. b. Pr[A]-Pr[B]. c. Pr[A]?Pr[B]. d. Pr[A]?Pr[B].

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