The Demand for Money for Which the Purpose Is Making

question 267

Multiple Choice

The demand for money for which the purpose is making unexpected purchases or meeting emergencies is considered to be part of

• A) precautionary demand.
• B) transactions demand.
• C) asset demand.
• D) savings demand.

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Definitions:

Competence Motive

The drive or desire to be effective in dealing with the environment and achieving proficiency or mastery in skills.

Power Motive

The drive or desire to attain control, influence, or authority over others or one's environment.

Intellect Motive

A drive to engage in mental activities and challenges that are expected to enrich one's knowledge or understanding.

Thematic Apperception Test

A projective psychological test involving the presentation of ambiguous images to a subject, who is asked to tell a story about each image.