A Firm That Holds Cash to Avoid Penalties Associated with the Late

question 19

Multiple Choice

A firm that holds cash to avoid penalties associated with the late payment of bills is demonstrating which type of demand for money?

• A)transactions demand
• B)precautionary demand
• C)speculative demand
• D)present value demand
• E)risk-return demand

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Definitions:

Cookie

A small text file that some websites automatically store on a client computer’s hard drive when a user visits the site.

Botnet

A network of infected computers, called bots, controlled by a malicious actor without the knowledge of the owners, used for cyber attacks or spamming.

Time Bomb

A type of malicious software that remains dormant until a specific time or event triggers it to cause harm.

Hacker Program

Unauthorized software designed to exploit vulnerabilities in computers or networks, often used for malicious purposes.