Economics · Macroeconomics
According to John Maynard Keynes, the total demand for money depends on which variables?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Price level only
- 2Both Income level and Rate of interest✓
- 3Rate of interest only
- 4Income level only
Correct answer
Both Income level and Rate of interest
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