The demand for money to take advantage of changes in bond...
The demand for money to take advantage of changes in bond prices is the
Unforeseen motive
Transaction motive
Speculative motive
Precautionary motive
Correct answer is C
Speculative demand for money refers to a desire to hold cash/money in order to be ready to take advantage of any attractive investment opportunity requiring a cash expenditure. Example holding money so as to invest in shares or bonds when opportunity arises.
The term of trade often measured by the ratio of the index of export ...
Which of the following is not an asset of a commercial bank? ...
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A commodity can be sold for two or more different prices if it is ...