9. Why would the transactions motive and the precautionary motive for holding money both tend to vary

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9. Why would the transactions motive and the precautionary motive for holding money both tend to vary directly with the price level? Why would the quantity of money people desire to hold for both motives tend to vary inversely with interest rates?

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Exploring Macroeconomics

ISBN: 9781111970314

5th Edition

Authors: Robert L. Sexton

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Question Posted: Oct 30, 2024 06:00 AM

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9. Why would the transactions motive and the precautionary motive for holding money both tend to vary

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Exploring Macroeconomics

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