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Explain Why the Interest Rate Is the Opportunity Cost of Holding

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Explain why the interest rate is the opportunity cost of holding currency. What is the benefit of holding currency?


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Personal Interests

Individual hobbies, passions, and activities outside one’s professional life that provide personal satisfaction and joy.

Entrepreneurs

Individuals who create, launch, and manage new businesses, often taking on significant financial risks in the hope of profit.

Angel Investor

An affluent individual who provides financial backing for small startups or entrepreneurs, often in exchange for ownership equity.

Venture Capitalist

An investor who provides capital to startup companies and small businesses with long-term growth potential.

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