According to Keynes people demand money for purposes (motives):

Related MCQs

• According to Keynes, motives for holding money are:
• According to Keynes, demand for money is affected by:
• Excess demand for money, according to Say’s law in the Economy:
• Keynes assumed the presence of --------- economy for the fundamental law of consumption
• Velocity of circulation of money means the number of times a unit of money
• When the nation's money supply is Rs. 1200 billion and GDP is Rs. 4800 billion, velocity of circulation money is:
• If quantity of money increases 100%, other things remaining constant, value of money changes by:
• Value of money and supply of money are related:
• Speculative demand for money depends upon:
• Old age pension is “National Old Age Pension Schemes”, “Interest payments”, “Subsidies”, “Unemployment allowances”, “Welfare benefits to weaker sections, etc.” By incurring such expenditure, the government does not get anything in return, but it adds to the welfare of the people, especially belong to the weaker sections of the society. Such expenditure basically results in redistribution of money incomes within the society.