The opportunity cost of holding money is the

Name: The opportunity cost of holding money is the
Brand: Quizplus
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Question

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When you hold money, you are forgoing the opportunity to earn interest on an alternative asset such as a savings account or bond. This forgone interest is the opportunity cost of holding money. Choices A, B, D, and E may be factors that affect the convenience or security of holding money, but they do not relate directly to the opportunity cost.

The Opportunity Cost of Holding Money Is the