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Rashad sold his shares of stock in XYZ, Inc., and deposited the proceeds in his transactions account. He believes the price of that company's stock
Rashad sold his shares of stock in XYZ, Inc., and deposited the proceeds in his transactions account. He believes the price of that company's stock will soon fall and he expects to be able to buy it again in the future at a much lower price. This is an example of which type of demand for holding money? Select one: A. Precautionary B. Greed C. Transactions D. Speculative
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