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    Economics A Contemporary Introduction
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    Exam 9: Aaggregate Expenditure and Aggregate Demand
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    If the Market Interest Rate Equals 8 Percent,the Opportunity Cost
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If the Market Interest Rate Equals 8 Percent,the Opportunity Cost

Question 116

Question 116

Multiple Choice

If the market interest rate equals 8 percent,the opportunity cost of the last new investment project undertaken would be approximately equal to


A) zero percent
B) 4 percent
C) infinity
D) 8 percent
E) 16 percent

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