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22 September, 22:36

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

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Answers (2)
  1. 23 September, 00:23
    0
    buy and sell

    Explanation:

    buy the product and sell it for more money
  2. 23 September, 00:39
    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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