This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What are three reasons people want to hold money balances? What will be an ideal ... (Read 57 times)

ereecah

  • Hero Member
  • *****
  • Posts: 530
on: Jun 29, 2018
What are three reasons people want to hold money balances?
 
  What will be an ideal response?

Question 2

An important factor in determining a country's rate of economic growth is
 
  A) the diversity of its population.
  B) its rate of saving.
  C) the size of its labor force.
  D) the proportion of the adult population that is working.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

janeli1

  • Sr. Member
  • ****
  • Posts: 330
Reply #1 on: Jun 29, 2018
Answer to Question 1

There are three reasons people hold money balances. The transactions demand for money is the demand to hold money to make regular, expected expenditures. The precautionary demand is the money held to meet unplanned expenditures and emergencies. The asset demand for money is to hold money as an asset that is a store of value.

Answer to Question 2

B


ereecah

  • Member
  • Posts: 530
Reply 2 on: Jun 29, 2018
Gracias!

bigcheese9

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Paths taken by honeyguides leading people to bees' nests Paths taken by honeyguides leading people to bees' nests
People have seen patterns in the stars since ancient times.[5] This 1690 depiction of the constellat People have seen patterns in the stars since ancient times.[5] This 1690 depiction of the constellat
Children with autism generally prefer interacting with objects over people. Children with autism generally prefer interacting with objects over people.
Trees provide ecosystem services to people Trees provide ecosystem services to people
Control you knife with one hand and hold the item being cut with the other (3 of 3) Control you knife with one hand and hold the item being cut with the other (3 of 3)
Government in America: People, Politics, and Policy, AP Government in America: People, Politics, and Policy, AP
Video: Calvin cycle (The light-independent reactions )

For a complete list of videos, visit our video library