Question

explain fisher's cash transaction approach​

Answer 1

Answer:

Fisher's transactions approach lays stress on the medium of exchange function of money, that is, according to its people want money to use it as a means of payment for buying goods and services. On the other hand, cash balance approach emphasizes the store-of-value function of money

Answer 2

Answer:

Fisher's transactions approach lays stress on the medium of exchange function of money, that is, according to its people want money to use it as a means of payment for buying goods and services. On the other hand, cash balance approach emphasizes the store-of-value function of money.