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Tobin explains the demand for money as a store of wealth Select one. a.due to fear of bankruptcy on the part of firms. b as the result of money illusion. c.due to uncertainty about the future stream of transactions d as an attempt to reduce riskiness of a portfolioTobin explains the demand for money as a store of wealth Select one. a.due to fear of bankruptcy on the part of firms. b as the result of money illusion. c.due to uncertainty about the future stream of transactions d as an attempt to reduce riskiness of a portfolioHigher incomes in middle age are associated with higher savings ratios to finance consumer expenditures in retirement. Select one. True False During the 1980's period, the conventional money demand function overpredicted the level of money demand Select one True FalseA rise in the savings is likely to be associated with a rise in the average propensity to consume. Select one True FalseA rise in the savings is likely to be associated with a rise in the average propensity to consume. Select one True False