The opportunity cost of holding money is measured by
A) the interest yield that could have been earned by holding some other asset.
B) the liquidity of interest-bearing assets.
C) the price of government bonds.
D) a dollar.
A
Economics
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If you want to have $50,000 in 5 years, how much would you need to put in your savings account now if the savings account pays 3 percent interest?
What will be an ideal response?
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Discouraged workers who are over 16 years old are
i. not counted as unemployed. ii. part of the working-age population. iii. part of the labor force. A) i only B) ii only C) i and ii D) ii and iii E) i, ii, and iii
Economics