A certain amount of money is needed for everyday expenditure like buying of goods, transportation...

ECONOMICS
WAEC 2007

A certain amount of money is needed for everyday expenditure like buying of goods, transportation and others. This is

  • A. transaction demand for money
  • B. precautionary demand for money
  • C. derived demand for money
  • D. speculative demand for money

Correct Answer: A. transaction demand for money



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