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As the interest rate falls, people hold ________ money in non-interest-bearing checking accounts ...

lihui

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As the interest rate falls, people hold ________ money in non-interest-bearing checking accounts ...

Question 1.

The central function of the Fed is to help manage the macroeconomy by setting the interest rate.

▸ true

▸ false

Question 2.

As the interest rate falls, people hold ________ money in non-interest-bearing checking accounts instead of savings accounts because the opportunity cost of holding money has ________.

▸ more; fallen

▸ less; fallen

▸ less; risen

▸ more; risen

Textbook

Principles of Economics

Edition: 12^th

Authors: Case, Fair, Oster

Read 91 times

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tlaster

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lihui Author

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