Why should I choose AnalystNotes?
AnalystNotes specializes in helping candidates pass. Period.
Basic Question 3 of 6
The precautionary demand for money refers to the demand to hold money ______
B. for day-to-day transactions in the near future.
C. to buy financial assets that can potentially yield a high return.
A. to provide a buffer against unforeseen events that might require money.
B. for day-to-day transactions in the near future.
C. to buy financial assets that can potentially yield a high return.
User Contributed Comments 0
You need to log in first to add your comment.
Your review questions and global ranking system were so helpful.
Lina
Learning Outcome Statements
describe the roles and objectives of central banks
CFA® 2024 Level I Curriculum, Volume 1, Module 4.