Examlex
According to the text,which theory has long been the basis for providing social services to families?
Transaction Motive
The need to hold money for the purpose of conducting everyday transactions.
Precautionary Cash
Funds held by individuals or firms to deal with unexpected events or emergencies, providing a buffer against financial issues.
Credit Availability
The ease with which individuals or companies can obtain loans or other forms of credit from financial institutions.
Income Level
The term income level refers to the amount of money earned by an individual, household, or economic entity within a specific period, often categorized for statistical analysis.
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