jaymartijay3338 jaymartijay3338
  • 03-01-2020
  • Business
contestada

At a ________ interest rate people would hold more funds in cash since the opportunity cost of having cash is low..

Respuesta :

Maysara Maysara
  • 04-01-2020

Answer:

low

Explanation:

The opportunity cost of having cash is the amount that we can earn from the interest of the deposited funds. If the interest rate is low, the earning from depositing money will not enough to buy goods that more expensive in the future due to inflation. Thus, it is better to hold cash to buy things at present when the prices have not gone up yet.

Answer Link

Otras preguntas

Is Y=-3/4x -2 Y=3/4x+1 One solution many solution or no solution
Simon, Cheryl and Dannii are all going by train to London to watch a singing competition. Cheryl gets the 2:15 pm train. Simon's train journey takes 50% longer
b. vous vous comment Hrag ? et Nareg appelez.​
work out (10 - 3 x 2) ^2
What are the conjugations of the verbs "-IR"? -IR Endings 1 You The/she/You Us They/They/You
How would you rewrite the expression 6(2+9) using distributive property?​
Jeremy tracked the temperature as a weather front crossed his region. The temperature rose 12 degrees, fell 27 degrees, and finally rose 4 degrees. If the start
PLEASE HELP NO TROLLS 3. Find the measure of angle A.
(PLEASE ANSWER ASAP FOR BRAINILEST! EXPLAIN YOUR REASONING PLEASE) I bought 1 pound of grapes for $3.75. I bought 4 pounds of strawberries for $15.63. Which is
I will give brainiest to whoever can guess my harry potter Pottermore Patronus test answer HINTS: There is a song written about it Orangeish/Red and white