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    Principles of Economics
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    Exam 34: The Influence of Monetary and Fiscal Policy on Aggregate Demand
  5. Question
    Why Do People Still Hold Cash in Their Wallets, Despite
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Why Do People Still Hold Cash in Their Wallets, Despite

Question 61

Question 61

Essay

Why do people still hold cash in their wallets, despite the fact that they receive no returns compared to storing cash in their bank accounts?

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According to the liquidity preference th...

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