Which of the following is a motive for holding money?
...Which of the following is a motive for holding money?
Celebration
Daily purchases
Election campaign
Payment of taxes
Correct answer is B
In his publication on The General Theory of Employment, Interest, & Money, Keynes outlined three reasons, or motives, for holding money or cash: Transaction Motive: to pay for goods or services. It is useful for conducting everyday transactions or purchases. Precautionary Motive: it's a relatively safe investment.
Which of the following is NOT a contribution of agriculture to industrial development? ...
A measure that can be adopted to correct a country 's balance of payments deficit is ___________...
Agriculture accounts for about 60% of the ...
A rational consumer tends to do all the following except ...
Which of the following are determinants of the rate of population growth? ...
The international production set for Nigeria and Austria is: \(\begin{array}{c|c} Products &...
The distinction between capital and recurrect expenditure lies in the ...
The relationship between tax rate and income which is relevant to a progressive tax is shown by ...