If You Kept Your Money Under Your Mattress Rather Than

question 208

Multiple Choice

If you kept your money under your mattress rather than keeping it in a savings account at your local bank,

• A)you would not incur an opportunity cost.
• B)the opportunity cost of such an action would be the forgone interest of not putting the money in a savings account.
• C)the opportunity cost of such an action would be the gas money it took to drive to the bank.
• D)None of the choices are true.

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Definitions:

Bad News

Unfavorable or disappointing information that needs to be communicated in a sensitive and thoughtful manner.

Accusing Tone

A manner of speaking or writing that implies blame or responsibility for a wrongdoing, often leading to a defensive response.

Writing Clearly

The practice of expressing ideas in a straightforward and easy-to-understand manner, avoiding ambiguity and complexity.

Negative Message

A communication that conveys a refusal, denial, or unfavorable information to the recipient.