Economy, asked by surajmehta214, 2 months ago


explain the Keynesian approach to demand for money ?​

Answers

Answered by DeathAura
1

Answer:

Keynes explained the asset motive through what he termed 'speculative demand'. In this theory, he argued that demand for money is a choice between holding cash and buying bonds. If interest rates are low, then people will tend to expect rising interest rates, and therefore a fall in the price of bonds.

Answered by sahil6990
0

Explanation:

Keynes explained the asset motive through what he termed 'speculative demand'. In this theory, he argued that demand for money is a choice between holding cash and buying bonds

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