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What proportions of your own money balance are held for transactions, precautionary, and speculative purposes? Define each term then discuss your proportions. Can you think
What proportions of your own money balance are held for transactions, precautionary, and speculative purposes? Define each term then discuss your proportions. Can you think of any other purposes for holding money? If every citizen in the US was given a crisp $100 bill what would happen to prices, output, and income
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