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Question 34 Question 34 ( 2 points): The local credit union pays interest of 3.0% on amounts held in its savings accounts. Because Gwen does
Question 34
Question 34 ( 2 points): The local credit union pays interest of 3.0% on amounts held in its savings accounts. Because Gwen does not trust banks, she chooses not to have a savings account, and instead keeps $10,000 in cash in her home safe. What is Gwen's annual opportunity cost of keeping her money at home instead of putting it in a savings account at the credit unionStep by Step Solution
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