Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Q. What is Demand for money?
Demand for money
The demand for money depends negatively on R and positively on the Yin the IS-LM model
As for any type of goods, there is a demand for money and a supply of money. Remember that demand for an arbitrary good is the amount an individual wants to purchase (and pay for with money) under numerous conditions. Demand for an arbitrary good is always associated to money. Though the demand for money can't relate to money itself - how much money we want to 'buy' with money becomes a pretty useless definition.
Instead, we define demand for money as the amount out of your wealth that you wish to hold as money. We use the symbol MD to demand for money. In IS-LM model, there is just one alternative to money and that's bonds.
If your total wealth is 1.000 euro and you want to keep 100 euro in cash or in an account connected to a credit or debit card and the rest in government bonds then your demand for money is indeed 100 euro. It's the amount which you want to have easily accessible for immediate payments. It is noteworthy that having a low demand for money doesn't mean that you don't want money. In its place, it means that you prefer to hold most of your wealth in other sorts of assets.
You have 300 right now. You invest into an account and 12 years later your investment will be 8 times of the initial investment. What the investment rate if a) The bank pays sim
MEC vs MEI in detail
"Nearly all critics agree that consumers have the most benefits in a perfectly competitive market." Does the above statement apply to microeconomics or macroeconomics? Why? Think a
Trade and Economic Growth: For a long time, academic debate on trade liberalization and its positive effects on growth rate remained inconclusive and unsettled. But most recen
The data set lowbwt.sav contains information for a sample of 100 low birth weight infants born in two teaching hospitals in Boston. Measurements of systolic blood pressure are sa
Major fiscal objective of Chancellor George Osborne The major fiscal objective of Chancellor George Osborne when coming to office in May 2010 was to remove the UK's structural
Why is it important for an organization to study and understand its external environment?
The U.S. Department of Agriculture, nass.usda.gov, publishes charts on the prices of farm products. Go to the USDA home page and select Charts and Maps and then Agricultural Prices
Problem: Describe whether, the given statements (a-f) are True, False or Uncertain. Briefly justify our answer. Questions (g) - (h) show all your calculations. No marks will be
A company is considering two types of water heaters. The associated costs are shown below. The estimated annual cost of operation for oil heaters equals 365 x 41045/EF x Fuel Cost
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd