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What happens 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. Increases the quantity demanded of money
B. Increases the demand for money
C. Decreases the quantity demanded of money
D. Decreases the demand for money
E. Does none of the above

This question is part of Macroeconomics [Ch. 2
Asked by Emy_, Last updated: Sep 13, 2020

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1 Answer

John Smith

John Smith

John Smith
John Smith

Answered May 03, 2017

Decreases the quantity demanded of money
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