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Tag: Theory of Demand for Money

Economics

Baumol’s Inventory Approach to Transactions Demand for Money

13 Jun 202013 Jun 2020
Baumol's Inventory Approach to Transactions Demand for Money - Baumol put forward a new approach to demand for money which explains the transaction demand for money from the viewpoint of…
Economics

Friedman’s Theory of Demand for Money

12 Jun 2020
Friedman's Theory of Demand for Money - Friedman put forward demand for money function which shows how the changes in the money supply affect the price level in the economy.…
Economics

Tobin’s Portfolio Approach to Demand for Money

11 Jun 202012 Jun 2020
Tobin's Portfolio Approach to Demand for Money - James Tobin, an American economist, in his analysis makes a valid assumption that people prefer more wealth to less. According to him,…
Economics

Cambridge Cash Balance Theory of Demand for Money

9 Jun 20209 Jun 2020
Cambridge Cash Balance Theory of Demand for Money - Cambridge cash balance theory of demand for money was given by Cambridge economists, Marshall and Pigou. It places emphasis on the…
Economics

Fisher’s Transactions Approach To Demand for Money

8 Jun 20208 Jun 2020
Fisher's Transactions Approach To Demand for Money - Fisher in his theory of demand laid stress only on the medium of exchange function of money. All transactions such as buying…

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