Multiple Choice
Brian is paid monthly via a direct deposit into an interest-bearing checking account. He withdraws $500 of this pay in cash at the beginning of the month to spend throughout it. However, due to recent inflation, Brian decides to instead withdraw $125 from the bank every week, so that his money can earn interest for as long as possible. The time and energy Brian spends visiting the bank more often would be classified as a:
A) shoe-leather cost.
B) menu cost.
C) transactions cost.
D) tax distortion.
Correct Answer:

Verified
Correct Answer:
Verified
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