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The Opportunity Cost of Holding Money Is

Question 1

Multiple Choice

The opportunity cost of holding money is


A) the dollar cost necessary to change other assets into money
B) the time cost of accessing funds
C) the value of the goods and services a person is able to obtain with the money
D) the interest a person could have earned by holding other forms of wealth instead
E) zero,because opportunity costs only apply to real assets,goods and services.

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