If During 2016 the Interest Rate on One-Month Treasury Bills

question 116

Multiple Choice

If during 2016 the interest rate on one-month Treasury bills was 2.5% and during 2017 it was 2%, the opportunity cost of holding money, assuming the inflation rate remained constant,:

• A) decreased.
• B) became negative.
• C) increased.
• D) did not change.

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Definitions:

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The correlation between how well someone performs at their job and their level of job satisfaction.

Lawler and Porter

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The set of beliefs, feelings, and thoughts about work that significantly affects an employee's job performance.

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Investments or stakes that have the potential to produce monetary gains or represent economic benefits.