Supply of money remaining the same when there is an increase in demand for money, there will be

Supply of money remaining the same when there is an increase in demand for money, there will be

(a) a fall in the level of prices

(b) an increase in the rate of interest

(c) a decrease in the rate of interest

(d) an increase in the level of income and employment

Monjur Alahi

5 views

2025-01-04 04:42

1 Answers

Salim Ahmed Kawsar

(c) The quantity of money demanded is inversely related to the interest rate.

5 views Answered 2023-02-05 15:29

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