​In the ATM Model of Money, the Opportunity Cost of Holding

question 34

Multiple Choice

​In the ATM model of money, the opportunity cost of holding money is determined by

• A)​the rate of inflation.
• B)​the cost of going to an ATM.
• C)​the charges levied on every ATM transaction.
• D)​the nominal interest rate and the possibility of having her money stolen.

---

Definitions:

Extramarital Affair

A romantic relationship where at least one participant is married to someone else, typically considered infidelity.

Economic Growth

An increase in the production of goods and services in an economy over a period, often measured by the rise in the Gross Domestic Product (GDP).

Productively

Refers to achieving a significant amount of work or results in an efficient and effective manner.

Internet Access

The ability or right to connect to the internet, often facilitated through various technologies like broadband, Wi-Fi, and mobile data.