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What is precautionary motive?
Question
Asked 10/19/2011 5:44:11 PM
Updated 1/3/2015 1:00:38 PM
1 Answer/Comment
Edited by yumdrea [1/3/2015 1:00:35 PM], Flagged by yumdrea [1/3/2015 1:00:38 PM]
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User: What is precautionary motive?

User: what are the motives of money?

Question
Asked 10/19/2011 5:44:11 PM
Updated 1/3/2015 1:00:38 PM
1 Answer/Comment
Edited by yumdrea [1/3/2015 1:00:35 PM], Flagged by yumdrea [1/3/2015 1:00:38 PM]
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3

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

Added 1/3/2015 1:00:23 PM
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Questions asked by the same visitor
When the total volume of import is more than that of the export, what term is this called?
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Expert Answered
Updated 9/7/2015 7:24:25 PM
1 Answer/Comment
The difference between how much a country imports and how much it exports is called its balance of trade.
Added 9/7/2015 12:57:52 PM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [9/7/2015 7:24:26 PM]
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