Multiple Choice
During periods of hyperinflation,money does not hold its value;therefore,people hold as little as possible for as short a time as possible.This description implies that the
A) Transactions demand for money has increased.
B) Precautionary demand for money has increased.
C) Speculative demand for money has decreased.
D) Portfolio demand for money has decreased.
Correct Answer:

Verified
Correct Answer:
Verified
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