The ATM model of the demand for cash Antonia spends $40 in cash every day on small purchases and goes to the ATM every three days to withdraw $120. Suppose that the bank charges Antonia a $0.50 fee every time she withdraws money at the machine. Assuming there are no other costs than the bank's fee, which of the following amounts accurately reflects Antonia's explicit monetary cost over the course of the year? $60.83 $18.00 $3.00 $60.00 Suppose that Antonia's bank account pays an annual interest of 5%. Which of the following amounts most accurately reflects Antonia's opportunity cost of holding cash? $60.83 $60.00 $3.00 $18.00 Assuming that the odds of Antonia's cash being stolen or lost are about 30% per year, which of the following amounts reflects the expected cost of losing her money? $3.00 $60.00 $18.00 $60.83 Based on your answers to the previous questions, Antonia's total cost for the year equals Assuming that nothing else changes, how would Antonia's costs be affected if the bank's annual interest was 2.50% instead of 5%? The total cost would decrease because Antonia's opportunity costs of holding cash would decrease. The total cost would decrease because Antonia's average cash holdings decreases. The total cost would increase because Antonia's opportunity costs of holding cash would increase. Antonia would need to cut her daily cash spending