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No, it is always sensible to hold some money balances.

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Q: Is it irrational to hold money balances?
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Related questions

Why binomial series does not hold for irrational numbers?

It does!


Can money be expressed as an irrational number?

No.


How check and balances work?

Checks and balances work by taxes and government preatty much doing the math of your money for you.


Importance of money supply?

The money supply is commonly defined to be a group of safe assets that households and businesses can use to make payments or to hold as short-term investments. For example, U.S. currency and balances held in checking accounts and savings accounts are included in many measures of the money supply.


What are the needs of retail banking?

Customers and Balances. The primary way that retail banks earn money is based on the balances that are in their customers' account. The higher the account balances the better. By getting more accounts, they will bring in more money and the best way to get more accounts is to get more customers.


Is this statement true All real numbers are irrational numbers?

No. The statement is wrong. It does not hold water.


Which branch controls appropriations of money?

The legislative branch controls the appropriations of money, they are checking the executive branch(if you know about checks and balances)


Can you write a check against money on hold?

No. The money on hold is not available to you for any reason until the hold is released.


What are the checks and balances for companies?

The Legislative Branch shows an example of check and balance by overiding the President's vote (Executive Branch)


What are speculative balances?

Speculative balances are pretty much money used to capitalize on an uncertain gain in the future. For example... When interest rates are high people prefer to buy bonds because they believe that the next movement in the rate of interest will be downward so the bond prices will increase and they will make capital gains. But as interest rates decrease more and more people will stop investing in bonds because they believe the next movement in the interest rate will be up and bond prices will fall thus leading to capital losses. To avoid these capital losses, people hold more speculative balances (money).


What are partner balances?

Partner balances are balances


Is the square root of 5.777 rational or irrational?

Irrational. Irrational. Irrational. Irrational.