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  3. Study Set
    Macroeconomics Canada Study Set 2
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    Exam 8: Money, the Price Level, and Inflation
  5. Question
    The Opportunity Cost of Holding Currency Is
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The Opportunity Cost of Holding Currency Is

Question 104

Question 104

Multiple Choice

The opportunity cost of holding currency is


A) consumption given up.
B) the nominal interest rate.
C) the inflation rate.
D) the real interest rate.
E) the price level.

Correct Answer:

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