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When nominal interest rates on financial assets are low, the opportunity cost of holding money is ________, so the quantity of money demanded by households and firms will be ________.
A) high; high
B) high; low
C) low; high
D) low; low
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Money, Banking, and the Financial System

Money, Banking, and the Financial System


Edition: 3rd
Authors:
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6 years ago
Thanks
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Smart ... Thanks!
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Good timing, thanks!
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