Respuesta :
The public wants to keep some wealth in the form of money so that they can make purchases and hold the money as an asset.
What is an Asset?
An asset is a thing that holds a value and has the ability to provide benefits, an asset can be in the form of cash, valuable stones, bonds, loan notes, shares, machinery, Cars or more.
Public chooses to keep some wealth in the form of money in hand or in bank so that they can make purchases whenever they want and also there is a sense of security by having some cash in hand for the case of emergency. There needs to be an adequate balance between the amount of assets and money in hand. Savings should be invested to gain a return but also it is important to have some money to spend, keeping a perfect balance between the two is important.
Learn more about asset at https://brainly.com/question/27409131
#SPJ1
