Economics · Macroeconomics
According to John Maynard Keynes, the speculative demand for money is primarily an inverse function of the:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Velocity of money circulation
- 2General price level index
- 3Market rate of interest✓
- 4Level of nominal national income
Correct answer
Market rate of interest
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