Solved

The Opportunity Cost of Holding Money Is That You

Question 1

Multiple Choice

The opportunity cost of holding money is that you


A) have trouble balancing your check book.
B) run a greater risk of being robbed.
C) pay a higher tax rate.
D) must make more trips to the bank to manage the money.
E) forego interest on an alternative asset.

Correct Answer:

verifed

Verified

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents