People hold money primarily because it
A) increases in value when there is inflation.
B) serves as a store of value.
C) serves as a medium of exchange.
D) functions as a unit of account.
Correct Answer:
Verified
Q49: In which of the following cases would
Q50: According to liquidity preference theory,a decrease in
Q52: According to liquidity preference theory,
A)an increase in
Q55: When households decide to hold more money,
A)interest
Q56: Figure 34-1 Q57: According to the theory of liquidity preference,which Q58: If people decide to hold less money,then
A)money
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