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What Does the Term Transactions Demand for Money Refer To

Question 3

Multiple Choice

What does the term transactions demand for money refer to?


A) The demand for money by the Bank of Canada in order to settle international transactions.
B) The demand for money by the public in order to effect transactions.
C) The desire by the public to receive income in the form of money.
D) The demand for money by the public in order to make financial investments.

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