Because Treasury Bills Pay a Higher Return Than Money and Have

question 69

Multiple Choice

Because Treasury bills pay a higher return than money and have no risk

• A)the transactions demand for money may be zero.
• B)the precautionary demand for money may be zero.
• C)the speculative demand for money may be zero.
• D)all three of the above motives for holding money will be zero.

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Definitions:

Plant Nursery

A specialized facility where plants are propagated, grown to a desired age, and then sold for planting elsewhere.

Liable

Legally responsible for one's actions or obligations, often in the context of paying damages or fulfilling a contractual agreement.

Durable Power of Attorney

A legal document granting someone the authority to act on another's behalf in legal and financial matters, which remains effective even if the grantor becomes incapacitated.

Authority

refers to the lawful right or power to make decisions, give orders, or enforce laws.