Which definition best describes real world interpretation of "the opportunity cost of homeownership". The money you could earn with the free time you would have if you didn't own a house ○ The time you gave up to search for a house The money you could make if you had invested the equity you have in your house The goods you could have purchased with the interest you paid on your mortgage

Which definition best describes real world interpretation of "the opportunity cost of homeownership". The money you could earn with the free time you would have if you didn't own a house ○ The time you gave up to search for a house The money you could make if you had invested the equity you have in your house The goods you could have purchased with the interest you paid on your mortgage

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter5: Buying The Necessities

Section: Chapter Questions

Problem 9AA

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