Cambridge K is related to -
A)restatement theory of money
B)cash balance approach
C)liquidity preference theory
D)transaction version of quantity theory of money

Question

Quizplus · Accepted Answer

Cambridge K is related to the cash balance approach, which is a theory of money demand emphasizing the role of money as a store of value where individuals hold money to bridge the timing between income receipt and spending.

Cambridge K Is Related to -