Question

Cambridge theory of money demand​

Answer 1

Answer:

Fisher has considered money only as a medium of exchange while analysing the 'Quantity Theory of Money. ... Thus, according to Cambridge Economists, “The amount of money which is kept by the individual, commercial institutions and government to meet their day to day needs is called demand of money.”

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Answer 2

Prof. Fisher has considered money only as a medium of exchange while analysing the 'Quantity Theory of Money. ... Thus, according to Cambridge Economists, “The amount of money which is kept by the individual, commercial institutions and government to meet their day to day needs is called demand of money.”