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Assoli18 [71]
3 years ago
7

Explain demand of money​

Business
1 answer:
krek1111 [17]3 years ago
7 0

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.

Explanation:

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