The desire to hold money to undertake unexpected transactions would define the _____ motive for holding money.

Fill in the blank(s) with the appropriate word(s).

precautionary

Economics

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How does a firm in monopolistic competition determine its price and quantity? What type of profit can it make in the short run and the long run?

What will be an ideal response?

Economics

The Sherman Act prohibited

A) collusive price agreements among rival sellers. B) setting price above marginal cost. C) marginal cost pricing. D) selling below average total cost.

Economics