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

Author Question: There are several motives for holding assets in the form of money. What are they? Provide an example ... (Read 69 times)

beccaep

  • Hero Member
  • *****
  • Posts: 535
on: Jun 30, 2018
There are several motives for holding assets in the form of money. What are they? Provide an example of each.

Question 2

For most Third World countries, the key source of capital accumulation is _____.
 a. internal debt
  b. foreign direct investment
  c. domestic business spending
  d. domestic saving
  e. foreign aid


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Fayaz00962

  • Sr. Member
  • ****
  • Posts: 330
Reply #1 on: Jun 30, 2018
Answer to Question 1

There are three main reasons for holding money:
a . transaction purposes for facilitating exchange - groceries, utilities, clothing
b. precautionary purposes for unexpected expenses - medical emergencies; home repairs; auto repairs
c. asset purposes for easy conversion into goods and services (liquidity) - money market account balances to be used later for long-term investments

Answer to Question 2

b


beccaep

  • Member
  • Posts: 535
Reply 2 on: Jun 30, 2018
:D TYSM

  • Member
  • Posts:
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

How the study of genomes and proteomes can provide us with connections to different biological level How the study of genomes and proteomes can provide us with connections to different biological level
Several species of squirrels have melanistic phases. In large parts of United States and Canada, the Several species of squirrels have melanistic phases. In large parts of United States and Canada, the
Masaccio, The Tribute Money. Masaccio, The Tribute Money.
A sample encounter form. A sample encounter form.
standard reduction potential (Eo), the greater the tendency of the oxidized form of a redox couple standard reduction potential (Eo), the greater the tendency of the oxidized form of a redox couple
Packaged Foods Can Also Provide Carbohydrates Packaged Foods Can Also Provide Carbohydrates
Video: Nucleic acid digestion - brush border enzymes, end products & transport mechanism

For a complete list of videos, visit our video library