Which of the following events increases an individual's demand for money to hold? O The bond prices in the economy decrease. O The central bank decreases the interest rate. O The individual reduces his expenditure. O The individual's income decreases. The price level in the economy decreases.

Which of the following events increases an individual's demand for money to hold? O The bond prices in the economy decrease. O The central bank decreases the interest rate. O The individual reduces his expenditure. O The individual's income decreases. The price level in the economy decreases.

Brief Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781337091985

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter12: Money Growth And Intlation

Section: Chapter Questions

Problem 1QR

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Which of the following events increases an individual's demand for money to hold?
The bond prices in the economy decrease.
O The central bank decreases the interest rate.
O The individual reduces his expenditure.
O The individual's income decreases.
O The price level in the economy decreases.

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