What are the benefits of holding real money balances? What are the costs? What is the optimum
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What are the benefits of holding real money balances? What are the costs? What is the optimum amount of real money balances that house holds and firms will demand?
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Holding real money balances which refers to holding cash or money in easily accessible and lowrisk forms has both benefits and costs for households and firms The optimum amount of real money balances ...View the full answer
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Related Book For 
Financial System Of The Economy Principles Of Money And Banking
ISBN: 9780765622464
5th Edition
Authors: Maureen Burton,Bruce Brown
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