In which of the following forms can the transaction demand for money in an economy be written?
 
(Where, T is the total value (monetary) of transactions in the economy in a unit time period and k is a positive number)

1
\(\mathrm{M}_{\mathrm{T}}^{\mathrm{d}}=\mathrm{k} \cdot \mathrm{T} \)
2
\(\mathrm{M}_{\mathrm{T}}^{\mathrm{d}}=\frac{\mathrm{k}}{\mathrm{T}} \)
3
\(\mathrm{M}_{\mathrm{T}}^{\mathrm{d}}=\frac{\mathrm{T}}{\mathrm{k}} \)
4
More than one of the above
5
None of the above

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