The changes in interest rates affect the money supply because as interest rates fall, people generally hold more cash, restricting the money supply.
<h3>What are the effect of rise and fall of interest rates?</h3>
When there is a fall in interest rates its increases the amount of money people wish to hold while a rise in interest rates leads to a decreases that amount people wish to hold.
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Spain renounced all claim to Cuba, ceded Guam and Puerto Rico to the United States, and transferred sovereignty over the Philippines to the United States for $20 million