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What happens when money demand is expressed in a graph with the interest rate on the vertical axis and the quantity of money on the horizontal axis, an increase in the interest rate?

What happens when money demand is expressed in a graph with the interest rate on the vertical axis and the quantity of money on the horizontal axis, an increase in the interest rate?<br/>

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Asked by Emy_, Last updated: Nov 13, 2024

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John Smith

John Smith

John Smith
John Smith

Answered May 03, 2017

Decreases the quantity demanded of money
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