One benefit of holding money rather than bonds is _______, while the opportunity cost of holding money is _______.

Name: One benefit of holding money rather than bonds is _______, while the opportunity cost of holding money is _______.
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Question

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Holding money provides the benefit of reduced risk of capital loss compared to bonds, which can fluctuate in value. The opportunity cost of holding money instead of investing it in bonds is the nominal interest rate that could have been earned on the bonds.

One Benefit of Holding Money Rather Than Bonds Is _______