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    Economics Study Set 8
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    Exam 28: The Financial Sector and the Economy
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    Why Do People Often Hold Money Instead of Bonds
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Why Do People Often Hold Money Instead of Bonds

Question 149

Question 149

Multiple Choice

Why do people often hold money instead of bonds?


A) Money is less liquid than bonds.
B) Money is needed for transactions.
C) Bonds pay interest.
D) Of the two, only money is a store of wealth.

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