Which of the following statements is/are correct about speculative demand for money?
i. It is Perfectly interest elastic.
ii. It is Relatively interest elastic.
iii. It is Perfectly interest inelastic.
iv. It is Relatively interest inelastic.

Correct option is D

Speculative demand for money is characterized by being relatively interest elastic. This means that the quantity of money held for speculative reasons will vary greatly with changes in interest rates.
- Perfectly interest elastic suggests that any change in the interest rate could cause an infinite or zero demand for money for speculation.
- Relatively interest elastic acknowledges that while demand changes with interest rates, it is not infinite.