Economy, asked by naimakafil2063, 1 year ago

What is factors determining supply and demand for money?

Answers

Answered by Ayushkashyap100

The demand for money depends on three main factors: national income, the price level and the rate of interest. Transactions demand and precautionary demand vary directly with the first two factors but speculative demand for money vary inversely with the market rate of interest.

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