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There are many factors that determine the demand for money. Some of these factors are payment technology, riskiness of other assets, liquidity of other assets,
There are many factors that determine the demand for money. Some of these factors are payment technology, riskiness of other assets, liquidity of other assets, and inflation risk. Would you comment how payment technology, riskiness of other assets, liquidity of other assets, and inflation risk influence investors' behaviors in holding money and investment differently? Why? Explain. How would these factors influence the economy differently? Why? Explain. Which factor would you think that it would be the most important factor in affecting your demand for money and influencing the economy? Why? Would you explain your reasons carefully
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