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Business, 30.07.2020 22:01 asra44

Suppose you can earn 5 percent on your savings account if you deposit $500 in it. The inflation rate is 3 percent. The opportunity cost of holding the $500 as money is Multiple Choice $25. $525. $100. $80.

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Suppose you can earn 5 percent on your savings account if you deposit $500 in it. The inflation rate...
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