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18 July, 02:39

Money demand refers to a. the total quantity of financial assets that people want to hold. b. how much wealth people want to hold in liquid form. c. how much currency the federal reserve decides to print. d. how much income people want to earn per year.

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  1. 18 July, 02:41
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    Money demand refers to how much wealth people want to hold in liquid form.

    Liquid form, liquidity, is referring to spendability regarding money spending from a companies assets. When talking about money demand, this is the wealth a person or business has on hand during any given time and how you want to proceed with the money you have on hand.
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