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Title: Demand for money
Description: These notes define three motives of demand for money
Description: These notes define three motives of demand for money
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Demand for money
Money is the most liquid off all assets
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demand for money refer to us liquidity preferences people
desire to hold money for three motives
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Transaction motive
It means people need money to carry on transaction of buying
goods and services to satisfy day to day needs to satisfy date
today needs
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2
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3
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Title: Demand for money
Description: These notes define three motives of demand for money
Description: These notes define three motives of demand for money