Economics · Macroeconomics
The following represent the opportunity cost of holding money, EXCEPT:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1transaction cost in withdrawing money✓
- 2loss of purchasing power of money due to inflation
- 3loss of interest earning on cash holdings
- 4loss of utility from goods that could have been purchased from the same amount of money
Correct answer
transaction cost in withdrawing money
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