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10.20: Money Demand

Last updated

Oct 8, 2020
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- 10.19.5: Suggested Reading
- 10.20.1: The Simple Quantity Theory and the Liquidity Preference Theory of Keynes

Anonymous
LibreTexts

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chapter objectives

By the end of this chapter, students should be able to:

Describe Friedman’s modern quantity theory of money.
Describe the classical quantity theory.
Describe Keynes’s liquidity preference theory and its improvements.
Contrast the modern quantity theory with the liquidity preference theory.

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