Multiple Choice
People choose to hold a larger quantity of money if
A) the interest rate rises,which causes the opportunity cost of holding money to rise.
B) the interest rate falls,which causes the opportunity cost of holding money to rise.
C) the interest rate rises,which causes the opportunity cost of holding money to fall.
D) the interest rate falls,which causes the opportunity cost of holding money to fall.
Correct Answer:
Verified
Correct Answer:
Verified
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