According to monetary approach of Balance of Payments, the demand for money is a stable function of (a) income, prices and rate of interest (b) income and prices (c) prices and rate of interest (d) income, prices and foreign exchange reserves

According to monetary approach of Balance of Payments, the demand for money is a stable
function of
(a) income, prices and rate of interest
(b) income and prices
(c) prices and rate of interest
(d) income, prices and foreign exchange reserves
by

1 Answer

Answer :

income, prices and rate of interest
by

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