Multiple Choice
The stock of money people hold to take advantage of expected future changes in the price of bonds, stocks, or other nonmoney financial assets is the:
A) unit-of-account motive for holding money.
B) precautionary motive for holding money.
C) speculative motive for holding money.
D) transactions motive for holding money.
Correct Answer:
Verified
Correct Answer:
Verified
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