Economy, asked by rahulhedaoo49, 1 year ago

what is transaction demand for money? how is it related to the value of transactions over a specified period of time.

Answers

Answered by sushant91214

Answer:

the amount of money required for current transactions of individuals and firms.

Explanation:

Transaction demand for money is the amount of money required for current transactions of individuals and firms. It is the quantity of money that all the Individuals and firms desire to keep on hand for the purpose of financing their forthcoming expenditure.

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