An increase in the nominal interest rate, other things constant, will:
a. shift the money demand curve to the right
b. shift the money demand curve to the left.
c. increase the quantity of money people choose to hold.
d. decrease the quantity of money people choose to hold.
e. have no impact on the money demand curve.
d
Economics
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Other things constant, when households decide to save more, the supply of credit ________ and interest rates ________
A) falls; rise B) falls; fall C) rises; rise D) rises; fall
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The most common type of simple loan is a(an)
A) automobile loan from a bank. B) mortgage loan from a bank. C) commercial loan from a bank. D) corporate bond.
Economics