People will want to hold more money if the price level
A)or the interest rate increases.
B)or the interest rate decreases.
C)increases or the interest rate decreases.
D)decreases or the interest rate increases.

Question

Quizplus · Accepted Answer

People will want to hold more money if the price level increases because they need more money for transactions, and if the interest rate decreases because the opportunity cost of holding money is lower.

People Will Want to Hold More Money If the Price