An outward shift in the demand for money other thing... - Solved MCQs & Answer

1835EconomicsMedium

An outward shift in the demand for money other things being equals should lead to?

AA higher quantity of money but the same interest rate

BA lower interest rate but the same quantity of money

CA higher interest rate but the same quantity of money

DA higher quantity of money but lower interest rates

Correct answer

D. A higher quantity of money but lower interest rates

Explanation

The correct answer is A higher quantity of money but lower interest rates.

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