本题目来源于试卷: IB Economics Unit 3.4: Macroeconomics - Monetary Policy & Fiscal Policy，类别为 IB经济学
[单选题]
The concept of money demand in economics is not asmtkq 7rf86ab0xt8 wf.ujm6x s l79t5bsociated witcwz8dkw4; yz8h holding money:
A. to conduct various personal and business transactions
B. to have a buffer or safety net for unforeseen requirements such as sickness, unemployment, death, accidents etc.
C. as opposed to other interest-bearing assets when changes in interest rates are anticipated
D. as if it is a commodity with an inherent value whose worth increases over time
参考答案: D
本题详细解析:
Choice D incorrectly describes speculative demand for money. I6;0ygl t*a lfzt suggests that money has inherent value and that people speculate on the appreciation of money itself. However, speculative demand for money occurs when people anticipate a change in interest rates and prefer to hold money over interest-bearing assets.
Choice A describes the transact f;6zg0ylal*tions motive.
Choice B describes the precautionary motive.
Choice C describes the speculative motive.
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