What Is the Name of the Type of Demand for Money

question 17

Multiple Choice

What is the name of the type of demand for money that arises because a firm may need to purchase something due to an unanticipated change in its environment?

• A) transactions
• B) precautionary
• C) short-term
• D) long-term

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Definitions:

Guarantor

The promisor.

Enforceable

A characteristic of a legal agreement or obligation that allows it to be legally upheld or compelled in a court of law.

Hyperlink

A digital reference or link from one document or webpage to another within the same or a different website.