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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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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

User RocketGoal
by
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1 Answer

9 votes

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.

User Pconnell
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