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Because Keynes Assumed That the Expected Return on Money Was

Question 16

Multiple Choice

Because Keynes assumed that the expected return on money was zero,he argued that people would


A) never hold money.
B) never hold money as a store of wealth.
C) hold money as a store of wealth when the expected return on bonds was negative.
D) hold money as a store of wealth only when forced to by government policy.

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