When the interest rate increases, people will adjust their precautiona
When the interest rate increases, people will adjust their precautionary demand for money
A) downward or upward depending upon the actual supply of money.
B) upward.
C) not at all.
D) downward.
ANSWER
D
Expert paper writers are just a few clicks away
Place an order in 3 easy steps. Takes less than 5 mins.