Examveda
Examveda

Cost of money is affected by factors which includes

A. production opportunities

B. risk

C. all of above

D. inflation

Answer: Option D

Solution(By Examveda Team)

Cost of money is affected by factors which includes inflation. The cost of money changes with variance in interest rates, and is used to gauge the opportunity costs involved in the potential investment of that money in securities or other assets.

This Question Belongs to Commerce >> Financial Management

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