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

question 163

Multiple Choice

If the interest rate increases,the opportunity cost of holding money __________,and the quantity demanded of money __________.

• A) does not change; does not change
• B) increases; also increases
• C) decreases; increases
• D) increases; decreases
• E) decreases; also decreases

---

Definitions:

Measures Of Location

Statistical metrics that indicate the central or typical value within a data set, including mean, median, and mode among others.

75th Percentile

A value below which 75% of the data in a dataset falls, indicating the upper quartile of the distribution.

Quartile

A type of quantile which divides a rank-ordered data set into four equal parts.

Central Tendency

A measure that represents the center or typical value of a dataset, commonly identified through the mean, median, or mode.