Answer:The correct option is 'd': The interest rate.
Explanation:
According to Liquidity preference theory money is considered as 'liquid' meaning that liquidity preference is the demand for money.
According to this theory if our investments are more liquid then we ought to cash in for full value as cash is often accepted as most liquid asset.
Thus the liquidity of cash can be controlled by adjusting the interest rates as equilibrium in the money markets is achieved when the demand equals the supply.
It already does affect the workplace.
The answers are
Savings accounts become less desirable because interest earned is lower than inflation
Individual purchasing power increases, which results in an increase in demand.
Answer:
How long will it take them to cover the cost of refinancing = 29months
Explanation:
Number of months = $1,690 / $58
Number of months = 29 months
