The opportunity cost of holding money refers to:
A) the service fees associated with checking accounts plus the costs undertaken to prevent theft.
B) the pleasure that would have been received if the money balances had been used to buy a good or service.
C) the interest that could have been earned if the money balances had been transferred to an interest-bearing asset.
D) the service fees associated with checking accounts.
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Which of the following would be an accurate statement about achieving a balanced budget
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The food services division of cedar river amusement park inc. is studying the amount families who visit the amusement park spend per day on food and drink. a sample of 40 families who visited the park yesterday revealed they spent the following amounts: see worksheet 1 for data and answer the following questions: a. organize the data into a frequency distribution, using seven classes and 15 as the lower limit of the first class. what class interval did you select? b. what percent of families spent less than $45? c. what percent of families spent $55 or more? d. how many families spent from $65 to 74.99?
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Anational survey asked people, "how often do you eat out for dinner, instead of at home? " the frequencies were as follows.
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In your opinion, what is the biggest advantage of being a professional athlete? what is the biggest pitfall? the biggest advantage i would say is the money involved but the biggest pitfall is the physical fatigue and injury.
Answers: 1
The opportunity cost of holding money refers to:
A) the service fees associated with ch...
A) the service fees associated with ch...
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