Lengthening the maturity of the public debt generally reduces the public's demand for money.

Name: Lengthening the maturity of the public debt generally reduces the public's demand for money.
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Lengthening the maturity of the public debt typically has little direct effect on the public's demand for money. The demand for money is more directly influenced by factors such as the level of income, interest rates, and inflation expectations, rather than the maturity structure of public debt.

Lengthening the Maturity of the Public Debt Generally Reduces the Public's