Firms often seek to borrow money to expand their capital stock, and the price they pay for that money is the interest rate. What happens to the demand for money if the interest rate increases?
A. It increases.
B. It decreases.
C. It does not change.
D. The quantity of money demanded will increase.
Answer: C
Economics
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Refer to above figure. The lowest specific tariff which would be considered prohibitive is ________
Fill in the blank(s) with correct word
Economics
A market structure wherein one firm among several is dominant is referred to as
a. unbalanced oligopoly b. monopolistic competition c. perfect competition d. balanced oligopoly e. monopoly
Economics