The stock of money people hold to take advantage of expected future changes in the price of bonds, stocks, or other nonmoney financial assets is the:
A) unit-of-account motive for holding money.
B) precautionary motive for holding money.
C) speculative motive for holding money.
D) transactions motive for holding money.

Question

Quizplus · Accepted Answer

The speculative motive for holding money is when people hold money to take advantage of expected future changes in the price of bonds, stocks, or other nonmoney financial assets.

The Stock of Money People Hold to Take Advantage of Expected