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In the simple model of cash holding, if the transaction cost of cash withdrawal increases, the interval between withdrawals increases and the optimal average money
In the simple model of cash holding, if the transaction cost of cash withdrawal increases, the interval between withdrawals increases and the optimal average money holding declines the interval between withdrawals decreases and the optimal average money holding increases both the interval between withdrawals and the optimal average money holding increase both the interval between withdrawals and the optimal average money holding decrease
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