Exam (elaborations)
University Of Phoenix:ECO 372 Final Exam(Already Graded A+)
- Course
- ECO 372 (ECO372)
- Institution
- University Of Phoenix
ECO 372 Final Exam Martha lends $200 to a friend who promises to return it after a year. Instead of lending it to her friend, Martha could have put the money in a bank where she could have earned an interest rate of 2 percent per annum. Martha’s opportunity cost of lending the money is _____. Th...
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