If the lower limit on cash balances rises by one dollar, the upper limit as specified by the Miller-Orr model also rises one dollar.

Name: If the lower limit on cash balances rises by one dollar, the upper limit as specified by the Miller-Orr model also rises one dollar.
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The Miller-Orr model specifies that the upper limit on cash balances is equal to the lower limit plus the target cash balance. Therefore, if the lower limit rises by one dollar, the upper limit will also rise by one dollar.

If the Lower Limit on Cash Balances Rises by One