queenb68 queenb68

19-03-2021
Business

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explain demand of money

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selenadennison04 selenadennison04

19-03-2021

Answer:

In monetary economics, the demand for money is the desired holding of financial assets in the form of money: that is, cash or bank deposits rather than investments. It can refer to the demand for money narrowly defined as M1 (directly spendable holdings), or for money in the broader sense of M2 or M3.

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