The three divisions of liquidity-preference which we have distinguished above may be defined as depending on (i) the transactions-motive, i.e. the need of cash for the current transaction of personal and business exchanges; (ii) the precautionary-motive, i.e.

我们在上面区分的流动性偏好的三个部分可以定义为取决于 (i) 交易动机，即个人和商业交易的当前交易需要现金； (ii) 预防动机，即。