Answer
B
Work Step by Step
In this scenario the $105 you would have a year from now if you put it in the bank would be an example of opportunity cost.
Principles of Macroeconomics 7th Edition
by Mankiw, N. Gregory
Published by
South-Western College
ISBN 10:
1-28516-591-8
ISBN 13:
978-1-28516-591-2
Chapter 1 - Ten Principles of Economics - Problems and Applications - Page 18: 4
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