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Sharon owns a bookstore. A period of economic turmoil adds a great deal of uncertainty to her sales forecasts. She decides to hold additional funds
Sharon owns a bookstore. A period of economic turmoil adds a great deal of uncertainty to her sales forecasts. She decides to hold additional funds in the store's account to guard against the possibility of lower-than-expected sales. This is an example of an increase in Sharon'sspeculative demand for money
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