JAMB Economics 2019 Objective — Question 11

Question 11 of 40 from the Joint Admissions and Matriculation Board (JAMB) Economics 2019 Objective paper, with the correct answer and a full explanation.

Liquidity preference refers to the

A. need to borrow money for short periods to meet a temporary crisis
B. capital market
C. commodity market
D. demand for holding assets in the form of moneyCorrect

Explanation

Liquidity preference refers to the demand for holding assets in the form of money (rather than less liquid forms).

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