Difference between revisions of "Transactions theories of money demand"
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Latest revision as of 19:36, 2 July 2020
Transactions theories of money demand are the theories that explain how much money people choose to hold and that stress the role of money as a medium of exchange. (Cf. portfolio theories of money demand.)
Definition
According to Macroeconomics by Mankiw (7th edition),
- Transactions theories of money demand. Theories that explain how much money people choose to hold and that stress the role of money as a medium of exchange. (Cf. portfolio theories of money demand.)
