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Which of the following is included in the demand for dollars in the market for foreign-currency exchange in the open-economy macroeconomic model?
Opportunity Cost
The charge of letting go of the subsequent best choice when deliberating on options.
Tuition
The fee for instruction, especially at a formal institution of learning.
Work Hours
The amount of time an individual spends performing tasks or duties for an employer during a given period.
Marginal Cost
The cost to produce one additional unit of a product or service.
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