The Precautionary Demand for Holding Money Is When People Hold

question 48

Multiple Choice

The precautionary demand for holding money is when people hold money:

• A) instead of near money.
• B) to transact purchases they expect to make.
• C) as insurance against unexpected needs.
• D) to speculate in the stock market.
• E) to take advantage of changes in interest rates.

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Definitions:

Career Development

The process of managing one’s work experience, learning, and training throughout life to advance in one’s job or career path.

Career Advancement

The progression through a professional path, including gaining higher positions, responsibilities, and often compensation.

Workplace Trend

Emerging patterns, behaviors, or practices within a work environment that reflect changes in culture, technology, or worker preferences.

Permanent Jobs

Positions of employment that are full-time and ongoing, without a predetermined end date.