When the Interest Rate Increases,the Opportunity Cost of Holding Money

question 97

Multiple Choice

When the interest rate increases,the opportunity cost of holding money

• A)increases,so the quantity of money demanded increases.
• B)increases,so the quantity of money demanded decreases.
• C)decreases,so the quantity of money demanded increases.
• D)decreases,so the quantity of money demanded decreases.

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Definitions:

Function Name

The identifier given to a block of code that can be executed in a program, allowing for the segregation and reuse of code.

Conversion Control Sequence

A Conversion Control Sequence is part of programming syntax used to format output or convert data types explicitly.

%d

%d is a format specifier in C and C-like languages that is used in string formatting functions to represent an integer variable.

\n

\n is a escape sequence that represents a newline character, used in string literals to move the cursor to the next line when outputting text.