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Portfolio Theories of the Demand for Money Are Based on Money's

Question 30

Multiple Choice

Portfolio theories of the demand for money are based on money's function as a , while transaction theories of the demand for money are based on money's function as a .


A) medium of exchange; store of value
B) medium of exchange; unit of account
C) store of value; medium of exchange
D) store of value; unit of account

Correct Answer:

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