How will each of the following affect the opportunity cost or benefit of holding cash

Chapter 0, Problem 2

(choose chapter or problem)

How will each of the following affect the opportunity cost or benefit of holding cash? Explain. a. Merchants charge a 1% fee on debit/credit card transactions for purchases of less than $50. b. To attract more deposits, banks raise the interest paid on six-month CDs. c. Real estate prices fall significantly. d. The cost of food rises significantly

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