A wealthy executive is holding money, waiting for a good time to invest in the stock market. This action would be an example of the

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The wealthy executive is holding money as an asset in anticipation of a future investment opportunity, which is an example of the asset demand for money. The transactions demand for money refers to the demand for money to be used in day-to-day transactions. The creation of fiat money refers to the government's ability to create money without it being backed by a physical commodity. The use of money as a medium of exchange refers to money being used to facilitate transactions.

A Wealthy Executive Is Holding Money, Waiting for a Good