What is the benefit of holding cash? Group of answer choices Cash appreciates over time. The interest foregone from holding another financial asset is the benefit of holding cash. Cash is a hedge against inflation. Cash is liquid.
What is the benefit of holding cash? Group of answer choices Cash appreciates over time. The interest foregone from holding another financial asset is the benefit of holding cash. Cash is a hedge against inflation. Cash is liquid.
Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter17: Stabilizing The National Economy
Section17.1: Unemployment And Inflation
Problem 4R
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What is the benefit of holding cash?
Group of answer choices
Cash appreciates over time.
The interest foregone from holding another financial asset is the benefit of holding cash.
Cash is a hedge against inflation.
Cash is liquid.
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