Multiple Choice
The primary reason people hold money is
A) to keep wealth in a less liquid form.
B) to use it as a medium of exchange.
C) to use it for investment.
D) to earn interest.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q58: When the money market is drawn with
Q59: Suppose the money supply grew at an
Q60: If a country experienced deflation,then<br>A)the nominal interest
Q61: If monetary neutrality holds,then an increase in
Q62: You find that to attract a sufficient
Q64: According to the assumptions of the quantity
Q65: If the CPI rises,the number of dollars
Q66: Figure 30-3.On the graph,MS represents the money
Q67: Suppose the price level rises,but the number
Q68: The money supply in Muckland is $100