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The Transactions Demand for Money Is Most Closely Related to Its

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Short Answer

The transactions demand for money is most closely related to its job as a _________.


Definitions:

Arousal

A psychological and physiological state of being awake and reactive to stimuli.

Social Learning Theory

The view championed by Bandura that human social behaviour is not innate but learnt from appropriate models.

Vicarious Experience

Learning or feeling an emotional response through the experiences of another person, rather than through direct personal experience.

Drying Dishes

The act of removing water from washed dishes, typically using a towel or allowing them to air dry, to make them ready for use.

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