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Money demand

Economics

Doesn't Keynesian theory include transaction precautionary and speculative demand? And not ONLY transaction demand.

Angel Maria Varghese

CA Inter

★ 6K+

19-Mar-23

Answers (3)

Yes that is what the MCQ is about. Keynesian theory DOES NOT explain money demand as ONLY transaction demand

Sahibdeep Singh

Moderator

21-Mar-23

But there is no DOES NOT in the question.

Thread Starter

Angel Maria Varghese

CA Inter

★ 6K+

21-Mar-23

Thread Starter

Angel Maria Varghese

But there is no DOES NOT in the question.

And hence Keynesian Theory is not the answer

Sahibdeep Singh

Moderator

22-Mar-23

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