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    Principles of Macroeconomics Study Set 11
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    Exam 11: Money Demand and the Equilibrium Interest Rate
  5. Question
    One Rationale for Holding Money Is the Transaction Motive
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One Rationale for Holding Money Is the Transaction Motive

Question 90

Question 90

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One rationale for holding money is the transaction motive. Explain what this means.

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The transaction moti...

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