Figure 4.3

-In Figure 4.3,an increase in the interest rate from i? t? i? can be explained by

Name: Figure 4.3 -In Figure 4.3,an increase in the interest rate from i? t? i? can be explained by
Brand: Quizplus
Rating: 4.8 (49 reviews)

Question

Figure 4.3
 
-In Figure 4.3,an increase in the interest rate from i? t? i? can be explained by

Quizplus · Accepted Answer

An increase in the interest rate can be explained by a decrease in money growth. This is because when there is less money available in the economy, lenders can demand higher interest rates from borrowers as there is greater competition for the limited funds available.

Figure 4.3 -In Figure 4.3,an Increase in the Interest Rate from I