What is themotivefor holding money in each of the following cases (precautionary,transaction, or asset)?

1. Concerned about the fluctuations of the stock market, you sell stock and keep cash in your brokerage account.
2. You keep tenbills in your earthquake-preparedness kit.
3. You go to Vancouver with a large sum of money in order to complete your holiday shopping.
4. You keepin your glove compartment just in case you run out of gas.