Friedman's Demand for Money Function Quiz

A durable consumer good held for the services it renders (correct)

A temporary means of exchange

An inflationary factor

A liability for the government

Government policies, international trade, and business cycles

Interest rates, money supply, and technological advancements

Total wealth, relative price of assets, and wealth holder's preferences (correct)

Exchange rates, fiscal policies, and inflation expectations

Total wealth to be held in various forms of assets (correct)

Price level changes and interest rate differentials

Government expenditure and taxation policies

Technological advancements in banking systems

<p>The rate of interest and the expected rate of change in price level</p> Signup and view all the answers

<p>Its value tends to diminish relative to the services other assets are rendering</p> Signup and view all the answers