Home › Bihar Board Class 12 (Arts) › Economics › Money and Banking › Demand for money balances is often referred to as
Demand for money balances is often referred to as
Avelocity of money
Bliquidity preference
Cmoney multiplier
Dcurrency demand
Answer & Solution
Correct answer: B. liquidity preference
The trade off between liquidity and foregone interest is called liquidity preference.
Related questions
How many major commercial banks did India nationalise in 1969?The Reserve Bank of India was nationalised in which year?Interbank deposits are excluded from money supply because only deposits of theWhich measures are called narrow money?M3 equals M1 plusWhich of these is the narrowest RBI measure of money?Money supply is aFixed deposits are an example of