Compare the cost minimization and the profit maximization approaches to the derivation of the transactions demand for

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Compare the cost minimization and the profit maximization approaches to the derivation of the transactions demand for money. What insights do we get for the transactions money demand from using the profit maximization approach that are not apparent from the cost minimization approach?

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Monetary Economics

ISBN: 9780415772099

2nd Edition

Authors: Jagdish Handa

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