You graduate from law school and can now begin charging clients very high fees for your time.What impact will this have on your demand for money?

Question

Quizplus · Accepted Answer

With an increase in income, the demand for money usually increases as people tend to spend more on luxury items and investments. Additionally, higher income usually leads to a higher standard of living, which in turn, increases the demand for money.

You Graduate from Law School and Can Now Begin Charging