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Which of the following factors does not affect the demand for money?

a. interest rates c. level of income b. price levels d. governm...

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Which of the following factors does not affect the demand for money?

a.
interest rates c.
level of income
b. price levels d.
government spending

Answer

it is government spending because interest rate is the cost of borrowing money so the higher the interest rate, the lower the money borrowed.
the higher the level of income, the the less you demand for more money and the higher the price level, the higher the demand for money and vice versa.

Virtual Teaching Assistant: Colleen R.
Question Level: Basic
Karma: Free
Upload Date: 5/31/2017

This 25 words question was answered by Colleen R. on StudySoup on 5/31/2017. The question contains content related to Business Since its upload, it has received 72 views.

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