Topic: Monetarist Theory of Demand for Money
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What is the monetarist's view of money demand? and how does it re...
They think that they can affect demand by giving more money though effect only temporary and only temporary due to contradiction with "money neutrality" theory. So in a long-run money haven't much effect on economy but only on a price-level... Read More »
Source: http://uk.answers.yahoo.com/question/index?qid=20080504142416AA4q...
What are the three motives for holding money according to keynes'...
1.Transaction motives: To make payments or purchases 2.Precautionary motives: To meet unforseen contingencies 3.Speculative motives: It being the safest asset in wealth portfolio. Other assests possess uncertainty and no liquidity. Read More »
Source: http://wiki.answers.com/Q/What_does_mean_demand_for_money
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Monetarist Theory of Demand for Money
