Multiple Choice
The basic motives for holding money rather than investments are the:
A) transactions motive and the precautionary motive
B) transactions motive and the liquidity preference motive
C) treasury motive, the pecuniary motive, and the speculative motive
D) transactions motive, the precautionary motive, and the liquidity preference motive
E) none of the above
Correct Answer:

Verified
Correct Answer:
Verified
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