Portfolio theories of money demand emphasize the role of money as a:
A)medium of exchange.
B)store of value.
C)unit of account.
D)standard for making deferred payments.

Question

Quizplus · Accepted Answer

Portfolio theories of money demand focus on money's role as a store of value, where individuals hold money as part of their portfolio of assets, balancing liquidity and returns.

Portfolio Theories of Money Demand Emphasize the Role of Money