Motives for holding stocks of cash include transaction, precautionary, and speculative

Indicate whether the statement is true or false

TRUE

Business

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Louisa is a real estate salesperson. When she sells a house, she earns a sales __________ equal to 6% of the sales price of the house.

Fill in the blank(s) with the appropriate word(s).

Business

An example of an opportunity cost is the wages that you could have earned but did not because you were in class

Indicate whether the statement is true or false.

Business