Multiple Choice
When households hold money for unplanned expenditures and emergencies, it is called
A) the speculative demand for money.
B) the transactions demand for money.
C) the irrational demand for money.
D) the precautionary demand for money.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q50: If the total money supply is $3
Q51: Which of the following best represents the
Q52: When the interest rate increases, people will
Q53: A sale of bonds by the Fed
Q54: If the economy is underutilizing its economic
Q56: The velocity of money<br>A) is, according to
Q57: Suppose the Fed conducts an open market
Q58: People hold money as an asset rather
Q59: The market price of existing bonds is
Q60: The demand for money is downward sloping,