Asset demand for money is dependent on interest rates. The money slope goes down if interest rate goes down. In contrast, money slope goes up if interest rate goes up.
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.
Because mercantilism was an economic and political theory emphasizing money as the chief source of wealth
1.for transactionary motive 2.for precautionary motive 3.for speculative motive.
According to John Maynard Keynes, the total demand for money is composed of transactional demand, precautionary demand and speculative demand for money.
Asset demand for money is dependent on interest rates. The money slope goes down if interest rate goes down. In contrast, money slope goes up if interest rate goes up.
Douglas Fisher has written: 'Macroeconomictheory' -- subject(s): Macroeconomics 'Monetary theory and the demand for money' -- subject(s): Money, Quantity theory of money, Supply and demand 'Monetary policy' -- subject(s): Monetary policy 'Money, banking, and monetary policy' -- subject(s): Banks and banking, Finance, Monetary policy, Money
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.
To maximise wealth- Theory of FirmsIn charity to get value for money by economy, efficiency and effectiveness. - 3 E's
Because mercantilism was an economic and political theory emphasizing money as the chief source of wealth
1.for transactionary motive 2.for precautionary motive 3.for speculative motive.
According to John Maynard Keynes, the total demand for money is composed of transactional demand, precautionary demand and speculative demand for money.
They Measure their wealth by money.
wealth is great amount of money.
discuss the determinant of money demand
wealth is having the things in life that you want...money is green paper
money demand will decrease