
Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559
Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559 Exercise 35
Circle the letter that corresponds to the best answer. John Maynard Keynes identified three motives for holding money. Which motive did Keynes not identify?
A) transactions
B) precautionary
C) psychological
D) speculative
A) transactions
B) precautionary
C) psychological
D) speculative
Explanation
1. Transaction motive
2. Speculative mot...
Macroeconomics 11th Edition by Stephen Slavin
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