The speculative motive for holding money is closely tied to the store of value function of money. This is because individuals hold money to take advantage of future investment opportunities, making decisions based on their expectations of future changes in value, which relates to the ability of money to maintain its value over time.
The speculative motive for holding money is closely tied to what function of money?
store of value
unit of account
medium of exchange
none of these
1 answer
2 answers