State Whether the Following Illustrates the Speculative,precautionary or Transactions Motive

question 101

Essay

State whether the following illustrates the speculative,precautionary or transactions motive for holding money.
(a. )A bond broker holds cash for the possibility of buying a bond whose price is expected to rise.
(b. )John's mother tells him to keep $10 in his pocket any time he goes out in case he needs to put gas in the car.
(c. )Julio withdraws $100 from the bank to buy vegetables at the local organic farm market.
(d. )Mary takes out $50 from the bank to buy lunches during the week.
(c. )As stock prices begin to tumble,investors sell stock and increase their cash holdings.

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Definitions:

African Heritage

The customs, traditions, and cultural influences tracing back to the African continent, preserved among people of African descent worldwide.

Folklore

The traditional beliefs, customs, stories, songs, and practices of a culture, passed through generations by word of mouth.

Religious Life

The aspect of an individual's or community's existence that pertains to their beliefs, practices, and organizational involvement in religion or spirituality.

Slave Family

A familial unit formed by enslaved people, often facing challenges in maintaining stable relationships due to the conditions of slavery, such as separations and sales.