Answer to Question #177860 in Macroeconomics for Piyush

Question #177860

The opportunity cost of holding monetary assets is


1
Expert's answer
2021-04-02T16:15:40-0400

The opportunity cost of holding monetary assets is also called "user cost". The opportunity cost of owning money rather than bonds is the amount of interest payments not received as a result of giving up the ability to own bonds.


Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be the first!

Leave a comment

LATEST TUTORIALS
New on Blog
APPROVED BY CLIENTS