Question

According to the Empiricists, to include Financial Asset under the purview of Abney, which of the following condition should be satisfied?

• A. Stability of demand function
• B. High degree of substitutability
• C. Feasibility of measuring statistical variations in real economic factors.
• D. All of the above

Answer 1

Answer: (D)

All of the above

If a financial asset is to be considered as a market product then it should be demanded with stable supply where its substitute must hold good in the market.