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vellojo vellojo
wrote...
Posts: 2982
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7 years ago
The higher the federal funds rate, the ________ the opportunity cost of holding reserves, which ________ the incentive to economize on reserves.
A) higher; decreases
B) lower; increases
C) higher; increases
D) lower; decreases
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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Studying economics @ Edinburgh U
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Answer verified by a subject expert
yaderayadera
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Posts: 492
7 years ago
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vellojo Author
wrote...
7 years ago
Checks out after I submitted my assignment Smiling Face with Open Mouth
Studying economics @ Edinburgh U
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