When households choose to hold money as a store of value, rather than holding assets such as certificates of deposit, stocks, and bonds, ________ demand for money results.

Question

Quizplus · Accepted Answer

When households hold money as a store of value instead of other assets, it is considered an asset demand for money, as they are choosing to hold money for its potential to retain value over time.

When Households Choose to Hold Money as a Store of Value