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Why Is the Short-Term Nominal Interest Rate the Opportunity Cost

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Why is the short-term nominal interest rate the opportunity cost of holding money?


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Efficiency

The ability to accomplish a task or produce a desired outcome with minimum waste of time, effort, or resources.

Social Value Proposition

A business or organizational strategy that emphasizes creating and maximizing positive social impact alongside financial success.

Trickle-Down Economics

An economic theory that suggests benefits provided to the wealthy or large businesses will in turn benefit smaller businesses and consumers through improved economic activity.

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Financial services, such as loans, savings, insurance, and training, provided to small business owners and entrepreneurs in developing countries who do not have access to traditional banking services.

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