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Firms Should Hold Cash in a Sufficient Quantity So That

question 23

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Firms should hold cash in a sufficient quantity so that the marginal value of liquidity noticeably exceeds the value of interest forgone.


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Unconscious Mind

The part of the mind that is inaccessible to the conscious mind but that affects behavior and emotions.

Profession

A paid occupation, especially one that involves prolonged training and a formal qualification.

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The personal and unique sensations, perceptions, feelings, and thoughts one has that are not directly observable by others.

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