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    Money Banking and Financial Markets
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    Exam 19: Quantity Theory, inflation and the Demand for Money
  5. Question
    Explain the Keynesian Theory of Money Demand
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Explain the Keynesian Theory of Money Demand

Question 112

Question 112

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Explain the Keynesian theory of money demand. What motives did Keynes think determined money demand? What are the two reasons why Keynes thought velocity could NOT be treated as a constant?

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Keynes believed the demand for money dep...

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