Why people prefer to hold money in cash balances, Microeconomics

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Why people prefer to hold money in cash balances

Problem 1: Explain in your own words the reasons why people prefer to hold money in cash balances. Give local examples

Problem 2: What is the opportunity cost of people increase money holdings? Explain

Problem 3: Explain the characteristics of such item in order to recognize as money. Provide examples.

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Microeconomics: Why people prefer to hold money in cash balances

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Microeconomics: Why people prefer to hold money in cash balances

Reference No:- TGS03214958

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