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    Exam 14: Modern Macroeconomics and Monetary Policy
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    Why Do Individuals Choose to Hold Part of Their Wealth
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Why Do Individuals Choose to Hold Part of Their Wealth

Question 168

Question 168

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Why do individuals choose to hold part of their wealth in money rather than in other types of assets? Discuss the benefits and costs of holding money.

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Money is the most liquid of all assets a...

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