3 years ago

Explain demand and supply of money

1 answer:

4 0

The money demand curve is downward sloping, i.e., the demand for holding money increases with decrease in interest rates. The short-term interest rate (i) is determined by the equilibrium of the supply and demand for money. If the interest rates are above the equilibrium, there is excess supply of money.

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3 years ago

Explain demand and supply of money​

Explain demand and supply of money