Which of the following affects the amount of money a person is willing to hold?
A) The use of credit cards increases.
B) The price level rises from 103 to 107.
C) The interest rate that you earn on your savings account increases.
D) All of the above are correct.
D
Economics
You might also like to view...
Explain the potential downfalls of the Fed implementing an expansionary monetary policy or contractionary monetary policy at the wrong time
What will be an ideal response?
Economics
Capital accumulation definitely
A) has no impact on the production possibilities frontier. B) shifts the production possibilities frontier inward. C) makes the production possibilities frontier steeper. D) shifts the production possibilities frontier outward.
Economics