What is the motivation for individuals to hold money?
A) to reduce risk
B) to have liquidity
C) to facilitate transactions
D) all of the above

Question

Quizplus · Accepted Answer

Individuals hold money for multiple reasons, including reducing risk during unexpected expenses, having liquidity for future purchases, and facilitating transactions in everyday life. Therefore, all of the above options are correct.

What Is the Motivation for Individuals to Hold Money