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.
Correct Answer:
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Q2: An increase in the interest rate reduces
Q3: A decrease in the interest rate shifts
Q4: An individual's quantity of money demanded
A) refers
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Q6: Which of the following is a stock
Q7: Which of the following would be most
Q8: Which of the following is the opportunity
Q9: When economists speak of the demand for
Q10: Which of the following determines how much
Q11: Which of the following will lead to
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