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const2013 [10]
2 years ago
6

The quantity of money demanded rises (that is, there is a movement along the money demand curve) when:

Business
1 answer:
Harrizon [31]2 years ago
4 0

Answer:

<em><u>by </u></em><em><u>increasing</u></em><em><u> </u></em><em><u>the </u></em><em><u>opportunity </u></em><em><u>cost </u></em><em><u>of </u></em><em><u>holding </u></em><em><u>money,</u></em><em><u> </u></em><em><u>a </u></em><em><u>high </u></em><em><u>interest</u></em><em><u> </u></em><em><u>rate </u></em><em><u>reduce</u></em><em><u> </u></em><em><u>the </u></em><em>quantity</em><em> </em><em>of </em><em>money </em><em>demanded</em><em>.</em><em> </em><em>This </em><em>movement </em><em>up </em><em>and </em><em>to </em><em>the </em><em>left</em><em> </em><em>along </em><em>the </em><em>money </em><em>demand </em><em>curve</em><em>.</em><em> </em>

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Explanation:

given data

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solution

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