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Business, 03.12.2019 02:31 emmaja121003

What three motives for holding money did keynes consider in his liquidity preference theory of the demand for real money balances? on the basis of these motives, what variables did he think determined the demand for money? e many countries, people hold money as a cushion against unexpected needs arising from a variety of potential scenarios (e. g., banking crises, natural disasters, health problems, unemployment, etc.) that are not usually covered by insurance markets. explain the effect of such behavior on the precautionary component of the demand for money

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