According to Friedman, the opportunity cost of holding money depends on all of the following EXCEPT

Name: According to Friedman, the opportunity cost of holding money depends on all of the following EXCEPT
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The opportunity cost of holding money, according to Friedman, depends on the return on money, the return on durable goods, and the expected return on financial assets. However, permanent income is not a factor that affects the opportunity cost of holding money.

According to Friedman, the Opportunity Cost of Holding Money Depends