Examlex
Taking a PPI on an empty stomach is recommended because _____.
Transactional Motive
relates to the need to hold cash for the purpose of conducting day-to-day transactions.
Precautionary Motive
The desire to hold cash or liquid assets to guard against unexpected events and emergencies, influencing how individuals and firms manage their finances.
Speculative Motive
The speculative motive is the desire to hold cash or other assets with the expectation of making a profit from fluctuations in their price or value.
John Maynard Keynes
A British economist whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments.
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