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The value of money varies with time. Which of the following explains why the value of money varies with time? a. Opportunity cost b. Inflation

The value of money varies with time. Which of the following explains why the value of money varies with time? a. Opportunity cost b. Inflation (purchasing power) c. Risk (Uncertainty) d. All the above e. None of the above.

Can you please explain the reasons for the answer.

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