Question
To say that interest rates represent the opportunity cost of holding money means that as interest rates rise: the demand for money shifts to the
To say that interest rates represent the opportunity cost of holding money means that as interest rates rise:
the demand for money shifts to the left.
the demand for money shifts to the right.
there is a movement upward along the demand curve for money.
there is a movement downward along the demand curve for money.
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Principles Of Economics
Authors: Robert H. Frank, Ben Bernanke Professor, Kate Antonovics, Ori Heffetz
6th Edition
0078021855, 9780078021855
