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1) (Total 6 marks) a) According to Keynes's liquidity preference theory, the behind the demand for money. What are these motives? b) Based on your

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1) (Total 6 marks) a) According to Keynes's liquidity preference theory, the behind the demand for money. What are these motives? b) Based on your answer to part a), write down Keynes's 1 for the demand for real money balances and briefly defi c) In Keynes's analysis of demand for money, is velo variable? Explain. d) Write down the equation that describes the quantity th define its terms. e) "According to the quantity theory of money, the demar both income and interest rate". Is this statement true of

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