1.Transaction motives: To make payments or purchases 2.Precautionary motives: To meet unforseen contingencies 3.Speculative motives: It being the safest asset in wealth portfolio. Other assests possess uncertainty and no liquidity.
1.for transactionary motive 2.for precautionary motive 3.for speculative motive.
The opportunity cost of holding money is the nominal interest rate.
The motives of business are to make a good product and produce a lot of it. This will then make money for the business, which is another motive. Businesses also keep people employed, which will then be good for the economy.
The Transaction MotiveThe Precautionary MotiveThe Speculative MotiveThe Transaction MotivePeople will keep certain stock of money all the time to enable them to carry out their transactions.The Precautionary MotiveThe people also desire to hold some additional cash balances against unforeseen circumstances.The Speculative MotiveThe Speculative Motive implies the desire on the part of the public to keep certain amount of cash in reserve to make speculative gains out of the purchase and sale of securities.
1.Transaction motives: To make payments or purchases 2.Precautionary motives: To meet unforseen contingencies 3.Speculative motives: It being the safest asset in wealth portfolio. Other assests possess uncertainty and no liquidity.
1.for transactionary motive 2.for precautionary motive 3.for speculative motive.
The three types of motives are biological motives, social motives, and personal motives. Biological motives are driven by physiological needs such as hunger and thirst. Social motives are influenced by interpersonal interactions and relationships. Personal motives are driven by individual desires and goals.
The three types of motives are external motivation, social pressure, and self motivation.
The three types of motives are biological motives (related to survival and basic physiological needs), social motives (related to interpersonal relationships and social connections), and personal motives (related to individual desires, goals, and beliefs).
God, Glory, and Gold were the three motives.
the three motives of the European race is 1) economic 2) social/ religion 3) political/ military
God, Glory, and Gold were the three motives.
God, Glory, and Gold were the three motives.
Activation, persistence, and intensity.
saving the money
1 - Transaction motive 2 - Precautionary motive 3 - Speculative motive