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Transaction Demand for Money

The demand fo...

Question

The ___ demand for money arises out of the need to make payments for goods and services.

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Solution

The transaction demand for money arises out of the need to make payments for goods and services.

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Q. The demand for money arises out of the need to make payments for goods and services.

Q. Collateral refers to the agreement in which the lender supplies the borrower with money, goods, or services in return for future payment.

Q. ______ is used to record payments for imported goods and services.

Q. Which is incorrect reason out of the following reasons to increase in demand for goods and services?

___ refers to a social process whereby people exchange goods and services for money or for something of value to them.

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