The Fed’s Primary Task - Cost of holding money
6 important questions on The Fed’s Primary Task - Cost of holding money
What does holding money result in regarding potential earnings?
What is the term for the earnings missed when holding money?
How do economists refer to the cost associated with holding money?
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What is the nominal interest rate for most forms of money?
What do alternative assets offer compared to cash and checking deposits?
How does the rise in nominal interest rates on alternatives affect holding money?
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