Solved

When Households Find Themselves Holding Too Much Money,they Respond by

Question 148

Multiple Choice

When households find themselves holding too much money,they respond by


A) purchasing interest-earning financial assets and interest rates fall.
B) purchasing interest-earning financial assets and interest rates rise.
C) holding the extra money and interest rates rise.
D) selling interest-earning financial assets,which eliminates the excess supply of money.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions