The precautionary motive for holding money is to enable the holder to
ECONOMICS
WAEC 1999
The precautionary motive for holding money is to enable the holder to
- A. buy stocks when interest are high
- B. overcome unforseesn contigencies
- C. buy goods and services on daily basis
- D. buy fixed assets
Correct Answer: B. overcome unforseesn contigencies
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