Economy, asked by Musfika, 10 months ago

explain the Cash Balance approach to the value of money

Answers

Answered by jojo212212

Answer:

Gxogxohdogxogxoyd

Explanation:

Answered by syedshabana015

According to cash balance approach, the value of money depends upon the demand for money. But the demand for money arises not on account of transactions but on account of its being a store of value.....

It is thus, the demand for ‘money sitting’ rather than money ‘on wings’ that matters

I hope u like this answer

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