Examlex
A cognitive flaw used to explain away bad decisions and maintain our confidence is ________.
Precautionary Motive
The desire to hold cash or liquid assets to safeguard against future uncertainties and unplanned expenses.
Speculative Motive
The intention to hold cash for the purpose of taking advantage of future opportunities that may arise, such as bargain purchases or earning profits from price changes.
Investment Opportunities
Investment opportunities refer to avenues where individuals or entities can invest their resources with the expectation of generating a future financial return.
Float Motive
The reason businesses hold onto cash for transactional purposes, allowing them to meet short-term obligations without liquidating investments.
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