Which of the following is not a primary reason why many people hold cash?
A)To undertake transactions
B)To avoid credit
C)To have an emergency reserve
D)To have a store of value

Question

Quizplus · Accepted Answer

Avoiding credit is not considered a primary reason for holding cash. The main reasons include undertaking transactions, having an emergency reserve, and using cash as a store of value. Avoiding credit relates more to personal finance management strategies rather than the fundamental reasons for holding cash.

Which of the Following Is Not a Primary Reason Why