Carolina holds $2,000 in her savings account in case of a medical emergency.This represents the
A) Medical savings account.
B) Transaction demand for money.
C) Precautionary demand for money.
D) Income demand for money.
Correct Answer:
Verified
Q2: During periods of hyperinflation,money does not hold
Q6: Mark holds $100 in cash in his
Q7: The choice to hold money in the
Q9: Money held to take advantage of future
Q10: The transactions demand for money is most
Q10: The cost of holding money in the
Q14: The speculative,transactions,and precautionary demands for money added
Q15: Money held for making everyday market purchases
Q18: Individuals hold precautionary balances in order to
A)Take
Q20: The use of money and credit controls
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