what do u mean by speculative demand ?
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Speculative demand is the demand for financial assets, such as securities, money, or foreign currency, that is not dictated by real transactions such as trade or financing. Speculative demand arises from the need for cash to take advantage of investment opportunities that may arise
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A need for money for investment purposes that is, speculative demand for money is the desire to have money for transactions other than those necessary for living.
Speculative demand includes risk capital for securities.
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