The __________ Suggests That Individuals Will Demand to Hold Money

The __________ suggests that individuals will demand to hold money when interest rates are low (bond prices high) to avoid capital losses when interest rates rise, and to hold bonds when interest rates are high (bond prices low) to capture capital gains when interest rates fall.

A) speculative demand for money
B) precautionary motive
C) transaction motive
D) none of the above