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

transaction

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speculative

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precautionary

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excess

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Solution

The correct option is A transaction
The transaction demand for money arises out of the need to make payments for goods and services. It is measured as a fraction of the total volume of all monetary transactions.

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Similar questions

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

The demand for money which arises from not wanting to invest in stocks and bonds fearing capital loss is called:

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