Multiple Choice
The public (consisting of individuals and firms) holds money for several reasons. Which of the below is three of these?
A) Difficulty of translations, precaution against expected events, and speculation about possible rises in the interest rate.
B) Ease of transactions, precaution against unexpected events, and speculation about possible rises in the interest rate.
C) Ease of unexpected events, precaution against transactions, and speculation about possible rises in the interest rate.
D) Speculation about transactions, fear against unexpected events, and precaution about possible rises in the interest rate.
Correct Answer:
Verified
Correct Answer:
Verified
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