Suppose an Individual Can Earn 3 Percent Interest on an Annual

question 58

Multiple Choice

Suppose an individual can earn 3 percent interest on an annual term deposit.His opportunity cost of holding $100,000 in cash instead of investing in the term deposit will be:

• A)$3,300.
• B)$330.
• C)$1,000.
• D)$6,000.
• E)$3,000.

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Definitions:

Cultural Obstacles

Challenges in communication, understanding, or interaction that arise due to differences in cultural backgrounds and practices.

Internal Integration

The process within organizations aimed at ensuring different departments and functions work together cohesively towards common goals.

Organizational Concept

A fundamental idea or theory that forms the foundation for designing, operating, and understanding an organization's structure, culture, and processes.

Organizational Language

Words or metaphors and expressions specific to an organization.