The tendency of individuals to hold money to pay for unexpected transactions is known as
A) speculative motive.
B) precautionary motive.
C) conditional motive.
D) Keynesian motive.
Correct Answer:
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Q47: In the Baumol-Tobin view, a decrease in
Q48: The effects of interest rates on the
Q49: The liquidity preference theory was developed by
A)James
Q50: The economist who has expanded the Baumol-Tobin
Q51: The interest rate is a measure of
A)the
Q53: The liquidity preference theory emphasizes
A)the transactions motive
Q54: The quantity theory of money
A)included the interest
Q55: In the Baumol-Tobin view of the transactions
Q56: According to Baumol and Tobin, the transactions
Q57: People's decision to hold money based on
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