Keynes Called the Money People Hold in Order to Pay

question 80

Multiple Choice

Keynes called the money people hold in order to pay unforeseen or unexpected expenses the:

• A) transactions demand for holding money.
• B) precautionary demand for holding money.
• C) speculative demand for holding money.
• D) store of value demand for holding money.

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Definitions:

Routine Message

Standard or everyday communications that convey regular or repetitive information within an organizational context.

Complete Explanation

Providing thorough and detailed information covering all aspects of a topic, leaving no part misunderstood.

Claims

Assertions or demands for something as due, typically in the context of insurance or legal disputes.

Direct Approach

A method of communication that involves straightforwardly presenting a message or request without circumvention.