The opportunity cost of holding currency decreases when
(a) income decreases.
(b) the interest rate on bonds decreases.
(c) the interest rate on money decreases.
(d) wealth decreases.
Answer: B
The opportunity cost of holding currency decreases when
(a) income decreases.
(b) the interest rate on bonds decreases.
(c) the interest rate on money decreases.
(d) wealth decreases.
Answer: B
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