Financial slack is a term used by economists to identify the funds available from cash and near-cash holdings, as well as the ability to borrow readily to meet day-to-day obligations and to take advantage of unexpected opportunities. As such, the maintenance of financial slack represents a combination of the ____________ and ____________ motives for holding cash [Keynes].

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The Answer of Financial slack is a term used by economists to identify the funds available from cash and near-cash holdings, as well as the ability to borrow readily to meet day-to-day obligations and to take advantage of unexpected opportunities. As such, the maintenance of financial slack represents a combination of the ____________ and ____________ motives for holding cash [Keynes].

Financial Slack Is a Term Used by Economists to Identify