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QUESTION

In October of 2014, the nominal interest rate earned on money market accounts was around 0.20 percent. This interest rate is a measure of which of

In October of 2014, the nominal interest rate earned on money market accounts was around 0.20 percent. This interest rate is a measure of which of the following?

the demand for money

the inflation rate

the opportunity cost of holding money

the real interest rate

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