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    Macroeconomics A Contemporary Introduction Study Set 1
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    Exam 15: Monetary Theory and Policy
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    The Opportunity Cost of Holding Money Increases When
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The Opportunity Cost of Holding Money Increases When

Question 64

Question 64

Multiple Choice

The opportunity cost of holding money increases when:


A) the interest rate rises.
B) the interest rate falls.
C) the price level falls.
D) nominal GDP rises.
E) nominal GDP falls.

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