Answer to Question #131269 in Macroeconomics for Lebogang

Question

Explain in detail, with the aid of a graph, the two components of the demand for money. Identify the main determinant of each component. In your graph, illustrate each component as well as the total demand for money. (Hint: You do not have to draw separate graphs for each component. You can combine everything on one set of axes).

Answer 1

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