The Speculative Demand for Money

Multiple Choice

The speculative demand for money

A) can clearly be separated from money demand for transaction since the latter is not affected by interest rate changes
B) is affected by changes in equity yields but not by interest rate changes on bank deposits
C) will always increase proportionally to the precautionary demand for money
D) is almost always close to zero since asset holders try to avoid holding money
E) none of the above