What are the three motives for holding money?
A) the medium of exchange motive, the store of value motive, and the unit of account motive
B) the transaction motive, the speculative motive, and the liquidity motive
C) the transaction motive, the investment motive, and the liquidity motive
D) the transaction motive, the speculative motive, and the precautionary motive
Ans: D) the transaction motive, the speculative motive, and the precautionary motive
Economics
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A cost curve drawn with years on the horizontal axis and costs per unit on the vertical axis would be a(n)
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