The Demand for Money Is Downward Sloping, Because at Higher

question 60

Multiple Choice

The demand for money is downward sloping, because at higher interest rates

• A) the opportunity cost of holding cash is lower.
• B) the opportunity cost of holding money is higher.
• C) the opportunity cost of holding money is decreasing.
• D) the opportunity cost of holding money is constant.

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Definitions:

Genetically

Pertains to genes and the hereditary material passed from parents to offspring, influencing traits and characteristics.

Fertilized Ovum

A cell that results from the fertilization of an ovum (egg) by a sperm, marking the beginning of a human life.

Genetic Material

The molecules (mainly DNA or RNA) within cells that carry the genetic instructions for the development, functioning, growth, and reproduction of all known organisms.

Zygote

The initial cell formed when a sperm cell fertilizes an egg cell, containing the genetic information necessary for the development of a new organism.