Which economist applied capital asset demand theory to money?

CA Foundation · Business Economics · MTP · September 2025
Which economist applied capital asset demand theory to money?
(A) A. Keynes
(B) B. Tobin
(C) C. Baumol
(D) D. Milton Friedman

Suggested Answer and Working Notes:

Correct Answer: Option (D)

D. Milton Friedman

Topics: Money Market

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