Among the following identified by Friedman, which one is not one of the four determinants of demand for money?

CA Foundation · Business Economics · MTP · September 2024
Among the following identified by Friedman, which one is not one of the four determinants of demand for money?
(A) A. Average return on five asset classes
(B) B. Price level in the economy
(C) C. Inflation Rate
(D) D. Forex Trade

Suggested Answer and Working Notes:

Correct Answer: Option (D)

D. Forex Trade

Topics: Money Market

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