According to the BaumolTobin model, what determines how often people go to the bank? What does this

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According to the Baumol–Tobin model, what determines how often people go to the bank? What does this decision have to do with money demand?

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Macroeconomics

ISBN: 978-1464168505

5th Canadian Edition

Authors: N. Gregory Mankiw, William M. Scarth

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Question Posted: Dec 31, 2015 01:41 AM

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According to the BaumolTobin model, what determines how often people go to the bank? What does this

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The BaumolTobin model analyzes how people trade off the costs and benefits of holding money The bene...View the full answer

Macroeconomics

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