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What are shortcomings of Friedman's idea regarding demand for money?

Monetary Economics Money Managed Money Economics
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Question added by Amjed Mehboob , G.M -(Currently Job Seeking ) , Advance Education centre
Date Posted: 2016/04/16
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Wasif Mehmood

No Positive Correlation between Money Supply and Money GNP

Does not consider Time Factor

Ignores the Effect of Other Variables on Money Supply

Money Supply not Exogenous

More Importance to Wealth Variables

Money not a Luxury Good

Very Broad Definition of Money

د Waleed
by د Waleed , Management - Leadership-Business Administration-HR&Training-Customer Service/Retention -Call Center , Multi Companies Categories: Auditing -Trade -Customer service -HR-IT&Internet -Training&Consultation

i would agree with Mr. Wasi's answer ... Correct info !

 

Thank You

Rami Assaf
by Rami Assaf , loading and Storage Operations Supervisor , Arab Potash Company

Thanks for invitation

 

I am apologies to answer this question because it's not my specialist field

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