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vikram thakur

· started a discussion

· 1 Months ago

ans(d) (Question: 188811.0 )

acc to explanation ans would be (d)

Question:
The demand for money, according to Keynes, is for
Options:
A) speculative motive
B) transaction motive
C) precautionary motive
D) All the above motives
Solution:
Ans:(d) According to Keynes, money is demanded because of three motives - transaction, precautionary and speculative. The first two motives provide yield of convenience and certainty. The third motive provides money yield. Keynes has termed demand for money as liquidity preference.

Knowledge Expert

· commented

· 1 Months ago

Dear student, option(d) is the correct answer here. we fixed it.
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