MCQOPTIONS
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| 1. |
When money demand is expressed in a graph with the interest rate on the vertical axis and the quantity of money on the horizontal axis an increase in the interest rate ? |
| A. | None of these answers |
| B. | decrease the quantity demanded of money |
| C. | increase the quantity demanded of money |
| D. | decreases the demand for money |
| E. | increases the demand for money |
| Answer» C. increase the quantity demanded of money | |