What were the similarities and differences between Keyness and Friedmans demand functions for money? In which tradition

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What were the similarities and differences between Keynes’s and Friedman’s demand functions for money? In which tradition (Keynesian, quantity theory or traditional classical) did Friedman’s analysis belong?

Discuss Friedman’s views on velocity and present his velocity function.

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Monetary Economics

ISBN: 9780415772099

2nd Edition

Authors: Jagdish Handa

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