Respond to the following in a minimum of 175 words: in us resourses

Respond to the following in a minimum of 175 words: in US resourses

Compare and contrast the transaction demand and asset demand for money.

• What is the relationship between interest rate, aggregate income, and price level?
• Provide 2 specific examples of transaction demand for money.
• Provide 2 specific examples of asset demand for money.