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Describe the transactions motive for holding money according to Keynes

      

Describe the transactions motive for holding money according to Keynes

  

Answers


Dana
This is the amount that households, firms and governments hold for future exchange of goods and services. The agencies hold money because income and expenditure flows are not synchronized in time. Expenditure tends to be continuous while income is discrete. Money is therefore required to bridge the gap between receipts and disbursements

Dana05 answered the question on August 14, 2019 at 07:19


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