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23 December, 13:30

List and explain all of the components/types of Demand for Money.

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Answers (2)
  1. 23 December, 13:42
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    Transaction demand - money needed to buy goods (related to income)

    Precautionary demand - money needed for financial emergencies

    Asset motive/speculative demand - when people wish to hold money rather than buy assets/bonds/risky investment
  2. 23 December, 17:24
    0
    buy and sell

    Explanation:

    buy the product and sell it for more money
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