Firms often seek to borrow money to expand their capital stock, and the price they pay for that money is the interest rate.What happens to the demand for money if the interest rate increases?

Question

Quizplus · Accepted Answer

The Answer of Firms often seek to borrow money to expand their capital stock, and the price they pay for that money is the interest rate.What happens to the demand for money if the interest rate increases?

Firms Often Seek to Borrow Money to Expand Their Capital