Multiple Choice
People choose to hold a smaller quantity of money if
A) the interest rate increases,which causes the opportunity cost of holding money to increase.
B) the interest rate increases,which causes the opportunity cost of holding money to decrease.
C) the interest rate decreases,which causes the opportunity cost of holding money to increase.
D) the interest rate decreases,which causes the opportunity cost of holding money to decrease.
Correct Answer:

Verified
Correct Answer:
Verified
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