1.The prices of both soft and hard commodities are very volatile. Explain why? 2. Explain the opportunity cost of holding money and how does it relate to the interest rates 3. What is the role of commercial banks in the economy? Why are they important?

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
ChapterA2: Investments
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1.The prices of both soft and hard commodities are very volatile. Explain why?

2. Explain the opportunity cost of holding money and how does it relate to the interest rates

3. What is the role of commercial banks in the economy? Why are they important?

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