Differences between change in quantity demanded and change in demand
Law of Demand states that other things being constant, amount demanded falls with rise in price and rises with a fall in price.
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What are various motives for which money is demanded?
According to Keynes, money is demanded because of three motives -transaction, precautionary and speculative. The first two motives provide yield of convenience and certainty. The third motive provides money yield. Keynes has termed demand for money as liquidity preference.