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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 | |