Everything else held constant, an increase in the interest rate paid on checkable deposits will cause ________ in the amount of

Question

3 years ago

6

Everything else held constant, an increase in the interest rate paid on checkable deposits will cause ________ in the amount of

checkable deposits held relative to currency holdings and ________ in the currency ratio. a. an increase; an increase b. a decrease; an increase c. a decrease; a decrease d.an increase; a decrease

Business

1 answer:

kaheart [24] · Answer 1 · 2022-03-23T01:29:05+03:00

Answer:

The answer is letter D

Explanation:

Everything else held constant, an increase in the interest rate paid on checkable deposits will cause _an increase_______ in the amount of checkable deposits held relative to currency holdings and _a decrease_______ in the currency ratio.