Question
Which of these statement is/are true about speculative demand for money? A liquid store of value which can be invested at opportune. moment in interest
Which of these statement is/are true about speculative demand for money?
A liquid store of value which can be invested at opportune. moment in interest -bearing bonds or securities.
It is determined by the expectations about changes in bond price or in the current market rate of interest.
- It is a decreasing function of the rate interest.
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The Theory Of Moral Sentiments
Authors: Adam Smith, D D Raphael
1st Edition
0865970122, 9780865970120
