CFA Practice Question

There are 923 practice questions for this topic.

CFA Practice Question

The precautionary demand for money refers to the demand to hold money ______

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.
Correct Answer: A

User Contributed Comments 0

You need to log in first to add your comment.