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2). The Motive for Holding Money By : Uniten
The demand for money refers to the desire to hold money : to keep your wealth in the form of money, rather than spending it on goods and services or using it to purchase financial assets such as bonds or shares. It is usual to distinguish three reasons why people want to hold their assets in the form of money.
The transaction motive . Since money is a medium of exchange, it is required for conducting transactions.
Article Related to: money, demand, holding
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