Because Keynes Assumed That the Expected Return on Money Was

question 16

Multiple Choice

Because Keynes assumed that the expected return on money was zero,he argued that people would

• A)never hold money.
• B)never hold money as a store of wealth.
• C)hold money as a store of wealth when the expected return on bonds was negative.
• D)hold money as a store of wealth only when forced to by government policy.

---

Definitions:

Business Model

Describes the rationale of how an organization creates, delivers, and captures value in economic, social, cultural, or other contexts.

Extinct

A term describing a species or condition that no longer exists anywhere on Earth.

Developed

Refers to countries, regions, or economies that have achieved a high level of industrialization, technological advancement, and standard of living.

Business Ecosystems

A network of interlinked companies, including suppliers, distributors, customers, competitors, and government agencies, that co-evolve and support the delivery of products and services.