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What is money?
Question
Asked 4/25/2012 5:29:58 AM
Updated 4/23/2015 4:35:02 PM
1 Answer/Comment
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Flagged by yumdrea [4/23/2015 4:35:02 PM]
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Original conversation
User: What is money?

Weegy: Hello,what would you like to know about money?
blizzardxblaine|Points 856|

Question
Asked 4/25/2012 5:29:58 AM
Updated 4/23/2015 4:35:02 PM
1 Answer/Comment
This conversation has been flagged as incorrect.
Flagged by yumdrea [4/23/2015 4:35:02 PM]
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Money is a good that acts as a medium of exchange in transactions.

Added 4/23/2015 4:34:50 PM
This answer has been confirmed as correct and helpful.
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Precautionary motives
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Updated 4/23/2015 4:40:33 PM
1 Answer/Comment

Precautionary motive is a desire to hold cash in order to be able to deal effectively with unexpected events that require cash outlay.

Added 4/23/2015 4:40:31 PM
This answer has been confirmed as correct and helpful.
Elasticity of demand.
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