According to whom, rational behaviour induces individuals to hold an optimally structured wealth portfolio which is comprised of both bonds and money?

CA Foundation · Business Economics · MTP · September 2024
According to whom, rational behaviour induces individuals to hold an optimally structured wealth portfolio which is comprised of both bonds and money?
(A) A. Tobin
(B) B. Baumol
(C) C. Keynes
(D) D. Alfred Marshall

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. Tobin

Topics: Money Market

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