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.

Macroeconomics

13th Edition

ISBN:9781337617390

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter14: Money And The Economy

Section: Chapter Questions

Problem 6WNG

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Question

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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