Examlex
Which of the following lists most accurately identifies the forces that have determined the gains and losses in state power in the federal system?
Opportunity Cost
The financial implication of not selecting the following best possibility when faced with a decision.
Interest
The cost of borrowing money, typically expressed as a percentage of the amount borrowed, paid by borrowers to lenders.
Savings Account
A deposit account held at a bank or other financial institution providing principal security and a modest interest rate.
Opportunity Cost
The deficit of potential benefits that could be reaped from alternative options when one is picked.
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