Which of the following is not one of the three kinds of demand for money in Keynes? O speculative administrative O transactions O precautionary
Added by Michael S.
Close
Step 1
* **Precautionary demand:** This is the demand for money to cover unexpected expenses. * **Speculative demand:** This is the demand for money to hold as an asset, in anticipation of a future decline in interest rates. Show more…
Show all steps
Your feedback will help us improve your experience
Jennifer Stoner and 82 other Microeconomics educators are ready to help you.
Ask a new question
Labs
Want to see this concept in action?
Explore this concept interactively to see how it behaves as you change inputs.
Key Concepts
Recommended Videos
'Holding money as a medium of exchange to make payments is Select one: a. the precautionary demand for money: b. the transactions demand for money: C. the asset demand for money: d. the capital demand for money:'
Jennifer S.
When a stock market analyst suggests that investors should hold cash instead of stocks or bonds, for what reason are people being encouraged to hold cash? A. speculative demand B. precautionary demand C. transactions demand D. present value demand E. risk-return demand
James K.
The primary demand for money arises out of the need to hold money as a medium of exchange. This demand for money is a function of ________. (4 marks) A Precautionary; interest rates B Transactions; national income C Speculative; interest rates D Precautionary; national income
Jonathan T.
Recommended Textbooks
Principles of Economics
Principles of Microeconomics for AP® Courses
Economics
Transcript
18,000,000+
Students on Numerade
Trusted by students at 8,000+ universities
Watch the video solution with this free unlock.
EMAIL
PASSWORD