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18 June, 18:22

List and explain all of the components/types of Demand for Money.

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Answers (2)
  1. 18 June, 18:37
    0
    buy and sell

    Explanation:

    buy the product and sell it for more money
  2. 18 June, 18:46
    0
    Transaction demand - money needed to buy goods (related to income)

    Precautionary demand - money needed for financial emergencies

    Asset motive/speculative demand - when people wish to hold money rather than buy assets/bonds/risky investment
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