Because Keynes Assumed That the Expected Return on Money Was

question 16

Multiple Choice

Because Keynes assumed that the expected return on money was zero,he argued that people would

• A)never hold money.
• B)never hold money as a store of wealth.
• C)hold money as a store of wealth when the expected return on bonds was negative.
• D)hold money as a store of wealth only when forced to by government policy.