US Banks Did Not Offer Interest on Checking Accounts Until

U.S. banks did not offer interest on checking accounts until the beginning of the 1980s. As a result, before the early 1980s:

A) the opportunity costs of keeping funds in checking accounts was zero.
B) the opportunity costs of keeping funds in checking accounts was lower.
C) the opportunity costs of keeping funds in checking accounts was higher.
D) people kept money under their mattress.

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