Question
Based on Keynes's liquidity preference theory, discuss the THREE (3) main motives for people demand for money. (6 marks) (b) Using the Friedman's Modern Quantity
Based on Keynes's liquidity preference theory, discuss the THREE (3) main motives for
people demand for money. (6 marks)
(b) Using the Friedman's Modern Quantity Theory, explain the demand for real money balances.
(7 marks)
[Source: Jan/Feb Exam, 2007/08: Q5]
Taruc KL branch
course code: Abbe3133
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Managerial Economics Foundations of Business Analysis and Strategy
Authors: Christopher Thomas, S. Charles Maurice
12th edition
1260004759, 9781260004755, 78021715, 78021718, 78021901, 978-0078021909
