According to Keynes,the speculative demand for money pertains to money held in anticipation of a(n)

Question

Quizplus · Accepted Answer

Keynes believed that the speculative demand for money is motivated by the desire to take advantage of future changes in interest rates or bond prices. Therefore, the correct answer is E, as this choice includes both a decrease in bond prices (which would lead to an increase in interest rates) and a rise in interest rates.

According to Keynes,the Speculative Demand for Money Pertains to Money