willingness of people to hold money
A) increases with the interest rate
B) rises with price stability
C) rises with national income
D) b and c only

Name: willingness of people to hold money A) increases with the interest rate B) rises with price stability C) rises with national income D) b and c only
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Question

Quizplus · Accepted Answer

People are more willing to hold money when there is price stability and when national income rises, as they have more income to hold and less incentive to invest in other assets due to stable prices.

Willingness of People to Hold Money