What are the key determinants of the demand for money in the Friedman’s theory of demand for money? Explain. How does the individual wealth holder maximize his utility? Show with the help of the...

What are the key determinants of the demand for money in the Friedman’s theory of demand for money? Explain.

How does the individual wealth holder maximize his utility? Show with the help of the upward sloping indiff erence

curves where wealth is a good and risk is a bad .