kyomonster442 kyomonster442

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Answered

Which of the following is a reason that individuals hold money balances?
1. Money does not store value for individuals.
2. There is no opportunity cost for individuals holding money.
3. Individuals have precautionary motives for storing money.
4. A decrease in the interest rate will the quantity of money demanded.

Answer :

HDOkimaw HDOkimaw

Today at 4:09 AM

Answer:

3)

Explanation:

- because precautionary motives means a desire to hold cash, but yes the answer is individuals have a precautionary motives for storing money

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