According to Friedman, the key determinant of money demand is:

CA Foundation · Business Economics · MTP · September 2025
According to Friedman, the key determinant of money demand is:
(A) A. Current Income
(B) B. Future expectations only
(C) C. Permanent Income
(D) D. Government Spending

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. Permanent Income

Topics: Money Market

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic