In terms of the demand for money the interest rate represents-09227
In terms of the demand for money, the interest rate represents:
This multiple choice question (MCQ) is related to the book/course vu eco403 Macroeconomics. It can also be found in vu eco403 Final Term - Quiz No.7.
In terms of the demand for money, the interest rate represents:
The price of borrowing money
The return on money that is saved for the future
The rate at which current consumption can be exchanged for future consumption
The opportunity cost of holding money