MCQOPTIONS
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| 1. |
In terms of the demand for money the interest rate represents ? |
| A. | the rate at which current consumption can be exchanged for future consumption |
| B. | the price of borrowing money |
| C. | The opportunity cost of holding money |
| D. | the return on money that is saved for the future |
| Answer» D. the return on money that is saved for the future | |