holding money with the motive to get interest by buying bonds or stocks. According to Keynes, by which motive this desire to hold money arises?

CA Foundation · Business Economics · MTP · June 2024
holding money with the motive to get interest by buying bonds or stocks. According to Keynes, by which motive this desire to hold money arises?
(A) A. Transaction motive
(B) B. Precautionary motive
(C) C. Speculative motive
(D) D. All of the above

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. Speculative motive

Topics: Theory of Production and Cost

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