The functions of money can be conveniently divided in to three parts (A) Primary (B) S…
The general rise in the level of prices represents inflation, while the general fall i…
Money market is a financial market for short terms loans. It is a market for short ter…
In the words of Meyer “Liquidity Preference is the preference to have an equal amount …
The classical economists believed that there was always full employment. According to …
Index numbers are devices for measuring the difference in the magnitude of a group of …
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