Holding money as a medium of exchange to make payments is Select one: a. the precautionary demand for money. b. the transactions demand for money. c. the asset demand for money. d. the capital demand for money.

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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Holding money as a medium of exchange to
make payments is
Select one:
a. the precautionary demand for
money.
b. the transactions demand for
money.
c. the asset demand for money.
d. the capital demand for money.
Transcribed Image Text:Holding money as a medium of exchange to make payments is Select one: a. the precautionary demand for money. b. the transactions demand for money. c. the asset demand for money. d. the capital demand for money.
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