We wish to know how much money people need to hold on average over a period in
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We wish to know how much money people need to hold on average over a period in order to finance the exchange of a given quantity of goods and services. The more money they need to hold, the lower velocity will be. How does each of the points listed above fit in with this?
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Related Book For
Monetary Economics Policy And Its Theoretical Basis
ISBN: 9780333792551
1st Edition
Authors: Keith Bain, Peter Howells
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