discuss the determinant of money demand
Determinants of demand which are sometime also called as demand shifters is a number of factors that when they change they will cause the demand curve to shift.
in what respect would you expect determinant demand for computers to differ from determinants of the demand for milk
Demand shifters
Main determinants of labour demand are: demand for goods,availability of capital and cost of labour. Main determinants of labour supply are: wages and benefits, population size(demographic factors) and job requirements
law of demand: the higher the price the lower the demand for the product and vise versa
Determinants of demand which are sometime also called as demand shifters is a number of factors that when they change they will cause the demand curve to shift.
in what respect would you expect determinant demand for computers to differ from determinants of the demand for milk
Income, Substitutes, complementary goods, tastes and preferences are some of the non-price determinants of demand.
price of the good
Demand shifters.
Demand shifters
Main determinants of labour demand are: demand for goods,availability of capital and cost of labour. Main determinants of labour supply are: wages and benefits, population size(demographic factors) and job requirements
law of demand: the higher the price the lower the demand for the product and vise versa
Transaction demand is the money needed by a person or company for their needs. It can tract the demands of an economy, with high demand as indicator for good economy.
The major determinants of money circulation include the supply of money, which is influenced by central bank policies and monetary policy tools such as interest rates and reserve requirements. Demand for money also plays a crucial role, driven by economic activity, inflation expectations, and consumer confidence. Additionally, factors like technological advancements in payment systems and financial innovations can impact how money circulates in the economy. Lastly, fiscal policies and government spending can influence overall liquidity and money flow.
the determinats demand are prices and non price factor
Determinants of demand include factors that determine the amount that will be purchased at each price