Failed JAMB? Don't Worry, you can gain admission into 200L in any University of your Choice, even with low JAMB Score
90% of Post UTME Exam Questions come from Past Ones

The speculative motive for desiring to hold money balances a. varies directly with income b....

The speculative motive for desiring to hold money balances
a. varies directly with income
b. means that more cash will be held if bond prices are expected to rise in the future
c. means that more cash will be held if interest rates are expected to be lower in the future
d. is greater the lower the rate of interest?

To get notifications when anyone posts a new answer to this question,
Follow New Answers

Post an Answer

Please don't post or ask to join a "Group" or "Whatsapp Group" as a comment. It will be deleted. To join or start a group, please click here

Sell Past Questions on Myschool
Get Project Topics & Materials

Answers (1)

isaaq
1 week ago
Answer
b. means that more cash will be held if bond prices are expected to rise in the future

Speculative Motive is a tactic used by investors/ traders to hold cash so as to make the best use of any investment opportunity that arises later on. In such a situation, the cash kept aside by the investor equips him to exploit such an attractive investment opportunity.
Ask Your Own Question

Quick Questions

See More Economics Questions
 
Post UTME Past Questions 2019/2020
Get Project Topics & Materials
Sell Past Questions on Myschool