The demand for curve for money

Question

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The demand curve for money shows the amount of money people would like to hold, given the constraints they face. It represents the desired relationship between the interest rate and the quantity of money that people want to hold. It is based on the opportunity cost of holding money - the interest foregone by not lending or investing the money. The demand for money is affected by changes in income, prices, and interest rates, but it is not directly dependent on the price level. The Fed can affect the demand for money through its monetary policy, but it does not cause a shift in the demand curve itself.

The Demand for Curve for Money