Question

What is the three motives of money??? ​

Answer 1

Answer:

Aim

Passion

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Answer 2

Answer:

Three motives for holding cash

1. Transaction motive-need for money for current transaction of personal and business exchanges.
2. The precautionary motive-the desire for security as to the future cash.
3. Speculative motive-object of securing profit from knowing better than the market what the future will bring forth.