skyyej06 skyyej06

04-03-2021
Business

contestada

What factor reflects the 'cost of money'?
The 'cost of money' is reflected in the
O interest rates
inflation rates
O variable rates
O fixed rates

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SamikshyaBasnet SamikshyaBasnet

04-03-2021

Answer:

Production opportunities, time preferences for consumption, risk, inflation. Explanation: The cost of money is the interest rate that lenders charge borrowers, and is determined by the supply and demand of funds.

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