(a) Define money. [2 marks] (b) State the three motives for holding money. [6 marks] (c) Mention two determinants each of the motives for holding money. [12...

Question 1 Report

(a) Define money. [2 marks]

(b) State the three motives for holding money. [6 marks]

(c) Mention two determinants each of the motives for holding money. [12 marks