Solved

When You Pay Your Groceries with Money Because the Supermarket

Question 103

Multiple Choice

When you pay your groceries with money because the supermarket does not accept stocks and certificates of deposits (CDs) , then the reason why you are holding money is the:


A) speculative demand for money.
B) transactions demand for money.
C) liquidity demand for money.
D) All of the above are correct.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q98: At lower interest rates,:
A) bonds are more

Q99: Figure 14.6 -Refer</p></div><svg width=

Q100: Figure 14.5 -Refer</p></div><svg width=

Q101: Assume that total deposits in the banking

Q102: If interest rates increase, people will choose

Q104: Which of the following is an example

Q105: Figure 14.5 -Refer</p></div><svg width=

Q106: Figure 14.1 -Refer</p></div><svg width=

Q107: The discount rate is:
A) the interest rate

Q108: Excess supply in the money market causes:
A)

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents