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    BE100-G-4979-18. Money and Banking CAT 2

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    BE100-G-4979-18. Money and Banking CAT 2

    Uploaded by

    John Njoroge
    13 views7 pages

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    13 views7 pages

    BE100-G-4979-18. Money and Banking CAT 2

    Uploaded by

    John Njoroge

    Copyright:

    © All Rights Reserved
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    of 7
    ape . LS Money and Banking Cot IE. = = Beto 44947 he- chyutnse Nwende- My Keynesian Liquidety Preference -_ 2 eee eee Keynes developed 4 theowy op rreney demand Called Lquial ity Preference theory: He abandoned the. claseteal Mee that veleddy way joterart voter Constant and. emphasized the (mportance. 2 i cag t Dekind tre demon| ‘He pastuilated that there are three Mobves Fe Money; Transachons cost, Precautionary matwe aod_cpeculatie __ prove . suureneenrresti eet eee __ @ Wantachane Motive This component te conbatled by. The level bp People! transachore The Ararcachoine demand for money fries por the lack of Gyrchoniaahen of vee pts. and Auburccements: Pople aren't likely te get faid atthe exact ltastant yeu need te rnake_a Payment, Income 9 Speculate Motte -Keynes agreed wlth clagical campache Atak worey a UtDre of wath ard calle hic Veason for holding ineorey ccpecslatve Motive: klealtate clovely red to income fhe cepeculahie OF rroey demarh wold be volated ty Income -He Lelie Anat intorest rater pave an Important yole, 4D play 1m inglverct the deci Yegardieg how much Menay te hold ag q whore of “eal — / Beloole | yq7al(? i : + Whevepove, the teney demand 1 negativel] veloted Fe Iter ates. Kepnes yeasoned Hert people wert te bold 9 certains amcint iP-£ veal roney faalance, an Amount Het thee Wetec dicated would be velated 49 Veal Income) am t> the ~——— Antevert vate Kejnes developed the Gatleuniny omand) far —— Mileney sqtahod, recon ac Ligaydvry Pasjeense pundron, aid | tool that He domand for veal Vileney balances Malp kc ea og Intevet aed — Vncome NS a Funchen f ———— eet MeFi) Kepnes Hheught the, lemand for _monet ke fice lake etre ote ae eee On ees »_Intevect vate BEI0° | | cazqlie 1 Quantity Aheory of Mengy The _sheory Gtalar that the, cgarteva) pice evel _ of gools ane G Ahiectty proporsn a chagge ‘tn the. wcapply | 2g money in ccharge 1p the! price vel. and yebe-veceThe Hheory we challerged ley Kejnenin “ecoattes economies, - “updarad oyedt Veindgemded_. Los the, monetarict £cb

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