Asked by Kelly Cirella on May 17, 2024
Verified
The three motives that John Maynard Keynes identified for why people hold money are the ______,________ and _______ motives.
John Maynard Keynes
An economist from Britain whose work reshaped both macroeconomic theory and the economic policymaking of governments.
Motives
The underlying reasons or goals that drive individuals or entities to act in a certain way, influencing economic decisions and behaviors.
- Acknowledge how changes in interest rates and incomes affect the demand for currency.
Verified Answer
MM
Learning Objectives
- Acknowledge how changes in interest rates and incomes affect the demand for currency.