Multiple Choice
If people decide to hold less money,then
A) money demand decreases,there is an excess supply of money,and interest rates rise.
B) money demand decreases,there is an excess supply of money,and interest rates fall.
C) money demand increases,there is an excess demand for money,and interest rates fall.
D) money demand increases,there is an excess demand for money,and interest rates rise.
Correct Answer:
Verified
Correct Answer:
Verified
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