Whereas other forms of wealth (such as stocks, bonds, and savings accounts) promise a financial return, money
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Question:
Whereas other forms of wealth (such as stocks, bonds, and savings accounts) promise a financial return, money does not.
Value of Money
a) Why, then, do people keep money at all? [5 points]
b) Discuss the factors that determine the amount of money people hold and the way each of
those factors affect money demand.
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